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Following are the December transactions of Cerullo Electrical Contractors. Dec. 1 Purchased supplies for $300 Dec. 3 Paid $250 electricity bill for November that had been properly recorded with an adjusting entry on November 30. Dec.9 Paid employee salaries for the first week of December, 1,200. No salaries had been previously accrued. Dec. 16 Received $600 for interest that had been earned in November on a bank account. An appropriate adjusting journal entry had been recorded for this item on November 30. Dec. 22 Received $1,700 from customer in payment of account receivable. Dec. 26 Paid January rent on leased office space, $400. Dec. 30 Received $2,500 advance payment from a customer for work to be performed in January. Dec. 31 Purchased equipment on credit for $3,000. a.) Prepare general journal entries for these transactions. b.) Identify which accounts affected by the journal entries prepared in part (a) are deferred expenses, deferred revenues, accrued assets, or accrued liabilities.
the management of rockos pizzeria is considering a special promotion for the last two weeks of october which is
The proceeds were recorded in a capital projects fund
The KL Partnership is owned equally by Kayla and Lisa. Kayla's basis is $20,000 at the beginning of the tax year. Lisa's basis is $16,000 at the beginning of the year
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Mayberry Gas Corp. sells $200,000 of bonds to private investors. The bonds are due in five years, have an 8% coupon rate, and interest is paid semi-annually. The bonds were sold to yield 6%. What proceeds does Mayberry receive from the investors?
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Which of the following has the least effect on sample size:
1. when constructing criteria for a query you should use no delimiters for number data types.quotes to enclose datetime
An employee received a paycheck from her employer in the amount of $776.35. The pay-check stub indicated that in calculating her $776.35 net pay, $139.75 had been withheld for federal income tax, $34.25 for state income tax, and $74. 65 for FICA. ..
abco bread sells a box of bagels with a contribution margin of 62.5. its fixed costs are 150000 per year. how much
Compare the reporting of this transaction on the tax
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