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#9 Unrecorded Liability: Adjusting Entry

#9 Unrecorded Liability: Adjusting EntryRefer to PE 4-8. (1) Make the adjusting entry necessary on the company’s books with
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Accounting 1 Help!1. An accountant records a transaction when cash is paid or received under which basis of accounting? cash
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For the year ending December 31, 2010, Johnson Manufacturing Company had depreciation totaling $38,000 on its office equipment.
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Sofia bought a couch that required a $60 down payment and $60 per month for the next eight months. Which type of liability does
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On June 1, Melendez Company borrows $90,000 from First Bank on a 6-month,$90,000, 12% note. Instructions (a) Prepare the entry
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At October 31, Nathan Company made an accrued expense adjusting entry of $1,400for salaries. Prepare the reversing entry on
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At October 31, Nathan Company made an accrued expense adjusting entry of $1,400for salaries. Prepare the reversing entry on
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At October 31, Nathan Company made an accrued expense adjusting entry of $1,400for salaries. Prepare the reversing entry on
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At October 31, Nathan Company made an accrued expense adjusting entry of $1,400for salaries. Prepare the reversing entry on
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2. asked by Sally
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At October 31, Nathan Company made an accrued expense adjusting entry of $1,400for salaries. Prepare the reversing entry on
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