10. Journal entry preparation. On January 1 of the current year, Peter Houston invested $100,000 cas
business
0 comments
$8.0
9. Entry and trial balance preparation. Lee Adkins is a portrait artist. The following schedule repr
business
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$8.0
8. Trial balance preparation. Brighton, a sole proprietorship began operation on March 1 of the curr
business
0 comments
$8.0
7.Basic journal entries The following transactions pertain to the Jennifer Royall Company:
business
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$8.0
6. Recognition of normal balances The following items appeared in the accounting records of Trigue
business
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$8.0
5. Transaction analysis and statement preparation. The transactions that follow relate to Burton En
business
0 comments
$8.0
4. Basic transaction processing.  On November 1 of the current year, Richard Parker established a so
business
0 comments
$8.0
3. Balance sheet preparation.  The following data relate to Preston Company as of December 31, 19XX:
business
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$8.0
1.  Basic computations. The following selected balances were extracted from the accounting records o
business
0 comments
$8.0
1.  Basic concepts. Jean's Marine Supply specializes in the sale of boating equipment and acces­sori
business
0 comments
$8.0
10. Allowance method: analysis of receivables. At a January 20X2 meeting, the presi­dent of Sonic So
business
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$10.0
9. Direct write-off and allowance methods: matching approach. The December 31, 20X2, year-end trial
business
0 comments
$10.0
8. Allowance method: estimation and balance sheet disclosure. The following pre-­adjusted informatio
business
0 comments
$10.0
7. Direct write-off method. Harrisburg Company, which began business in early 20X7, reported $40,000
business
0 comments
$10.0
6. Bank reconciliation and entries. The following information was taken from the accounting records
business
0 comments
$10.0
5. Adjusting entries. You have been retained to examine the records of Kathy’s Day Care Center as of
business
0 comments
$10.0
4. Adjusting entries and financial statements. The following information pertains to Fixation Enterp
business
0 comments
$8.0
3. Understanding the closing process. Examine the following list of accounts: Interest Paya
business
0 comments
$8.0
2. Analysis of prepaid account balance. The following information relates to Action Sign Company for
business
0 comments
$8.0
1. Recognition of concepts. Ron Carroll operates a small company that books enter­tainers for theate
business
0 comments
$8.0