1. AC company purchased $2000 of supplies with cash. What is the journal entry? If only $200 if left on 12/31/2016, what is the journal entry on 12/31/2016?
2. What would the vertical analysis for Specialty Department Stores be for its balance sheet?
3. What would the vertical analysis for Specialty Department Stores be for its income statement?
4. If a computer depreciates $500 for the every year, what is the journal entry for the depreciation expense for 6 month?