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on may 1 johnson corporation purchased inventory for 40000 on credit on may 15 johnson sold inventory with a cost of
dr harlan elliott opened a magnetic resonance imaging mri facility to be known as harlan mri the following transactions
on january 1 tolson company purchased a building by paying 85000 the building has an estimated life of 40 years and an
based on the answers you obtained in p15- 4 prepare the closing entryin p15- 4from the ledger accounts prepared for
on july 1 friler company purchased a three year insurance policy by paying 5400nbspprepare journal entries to record
for the current year vidalia company reported revenues of 250000 and expenses of 225000 at the beginning of the year
on october 1 bandor company sold land that cost 30000 on credit for 35000 the buyer issued an 8 12 month note for this
the august bank statement and cash t- account for martha company followno deposits were in transit and no checks were
hernandez company rents out a portion of its building to crider company for 1000 per month on august 1 2010 crider
on april 1 2010 ranee company borrowed 20000 from its bank by issuing a 9 12 month note with the interest to be paid on
superior cabinets maintains a petty cash fund for minor business expenditures the petty cash custodian mo smith
from the ledger accounts prepared for p15- 3 prepare a trial balance extend the trial balance to an eight-column work
godinger corporation had account balances at the end of the current year as follows sales revenue 29000 cost of goods
the following procedures are used by the taco shopa customers pay cash for all food orders cash is placed in a cash
using the information from re3-8 prepare godingers income statement for the current year assume stockholders owned 4000
using the information given in p15- 1 and p15- 2 record the transactions in general journal form then post the journal
use the information in re3 7nbspa assuming ranee company makes reversing entries prepare the reversing entry on january
vickelly company uses cash basis accounting at the end of the current year vickellys checkbook shows cash receipts from
the bookkeeper at martin company has asked you to prepare bank reconciliation as of may 31 the may 31 bank statement
on december 31 2010 adams company made the following adjusting entries for its annual accounting
the nealy company has prepared the following alphabetical adjusted trial balance on december 31 2010nbsprequiredprepare
compensation pools residual income review of chapter great brands inc gbi is a retailer of consumer products the
analyze the following accrual type events and add them to the work sheet you prepared for p15- 11 adjust for the
the following 2010 information is available concerning the drake company which adjusts and closes its accounts every
at the end of 2010 the ritter company prepared a trial balance recorded and posted its adjusting entries and then