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I purchased a chair from a vendor for $2,500 in September 2009 and sold the chair to MEDIC for $3,500 in September 2009 In January 2010 MEDIC returned the chair. MEDIC did not want a refund only another brand of chair. I returned that chair to my vendor and got a full refund of $2,500. I...
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Need help with journal entries June 1: Cara made an investment in Byte of Accounting, Inc. by purchasing 2,580 shares of its common stock paying $42,900 in cash and by contributing computer equipment with a fair market value of $57,720. The par value of the common stock was $21 per share. ...
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Journalize the following transactions: 1997 Jun. 1 Purchased supplies on account, $300. (purchased from Smith Co.) 1 Paid employee wages of $1200. 29 Performed services on account $500. (worked for J. Jones)
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Peggy's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette $ 1.23 Sales price per rosette 3.00 Total fixed costs per month 884.00 -------------------------------------------------------------------------------- View more questions Search
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