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Presented below are two independent transactions.
(a) St. Pierre Restaurant accepted a Visa card in payment of a $150 lunch bill. The bank charges a 4% fee. What entry should St. Pierre make?
(b) Jamar Company sold its accounts receivable of $60,000.What entry should Jamar make, given a service charge of 3% on the amount of receivables sold?
youre required to prepare an audit plan for federal department or agency. you will research and select a federal
Nix It Company's ledger on July 31, its fiscal year end, includes the following selected accounts that have normal balances (Nix It uses the perpetual inventory system).
the corporation performs adjusting entries monthly. closing entries are performed annually on december 31. during
james inc. is a computer software consulting company. its three major functional areas are computer programming
1. a retail store collects cash sales of 168000 and does not segregate sales tax. if the salestax rate is 5 what are
birch company normally produces and sells 37000 units of rg-6 each month. rg-6 is a small electrical relay used as a
abc company uses 1of all credit sales to estimate bad debt expense.the sales for this year are credit revenues 210000
Journalize and post adjusting entries. Prepare an adjusted trial balance. Prepare an income statement and a retained earnings
At the time of the press release, the company had 300 million shares authorized and 155 million outstanding. The par value for the company’s stock is $ 2.50 per share. Required: 1. Prepare journal entries as appropriate for each of the three dates me..
Which of the following forms is used to notify the Payroll Department to add a new employee to the payroll?
the following selected items and amounts were taken from the balance sheet of quale company as of december 31 2012cash
on july 23 of the current year dakota mining co. pays 5719680 for land estimated to contain 7944000 tons of recoverable
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