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1. Prepare the following adjusting entries at December 31 for DeGads Co.
(a) Interest on notes payable of $400 is accrued.(b) Fees earned but unbilled total $1,400.(c) Salaries earned by employees of $700 have not been recorded.(d) Bad debt expense for year is $900.
Use the following account titles: Service Revenue, Accounts Receivable, Interest Expense, Interest Payable, Salaries Expense, Salaries Payable, Allowance for Doubtful Accounts, and Bad Debt Expense.
flint tooling company is considering replacing a machine that has been used in its factory for two years. relevant data
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fenwick corporations manufacturing and finished goods warehouse facilities burned to the ground on january 31. the
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Working from Operating Cash Flows to Net Income Based on the above information, determine the amount of net income reported by Blunt for 2001.
a company issues 1 million of new stock and pays 200000 in cash dividends during the year. in addition the company took
a. On February 15, paid $ 160,000 cash to purchase American General's 90 day short term notes at par, which are dated February 15 and pay 10% interest (classified as held to maturity).
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