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Mortgage Payable
What would the adjusting entry be for the following:
a) Of the mortgage payable ($147,100), $9800 is to be paid in 2012. Year end is dec 2011 b) Unearned sales revenue of $975 is still unearned - I think there is no entry for this c) On the sales that were earned, cost of goods sold was $2000. Please help :) |
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