A.41 Jim invested $100,000 in cash and $50,000 in equipment in the

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A.4/1: Jim invested $100,000 in cash and $50,000 in equipment in the company. B.4/2: The company prepaid for insurance with $1,200 cash. C.4/3: The company paid cash for rent totaling $1,200. D.4/5: The company completed services for a client for cash totaling $8,000. E.4/10: The company provided a service for $15,000 on account. F.4/11: The company purchased equipment for $5,000 and supplies for $3,000 on account. G.4/15: The company paid $1,500 cash for employee salaries. H.4/24: The company paid $300 cash for utility bills. I.4/28: The company paid dividends totaling $2,000 cash. Adjusting entries completed on April 30 J.Insurance expired for the month of April. K.An ending count determined that supplies totaled $2,600. L.Wages of $3,000 were earned but not paid. M.Services of $5,000 were earned but not billed. N.Depreciation on the equipment is $500 per month. Using the above data, complete the following: •Journal entries •Posting to T-accounts •Trial balance •Adjusting entries •Adjusting trial balance •Income statement •Statement of retained earnings •Balance sheet and closing entries ...

A.4/1: Jim invested $100,000 in cash and $50,000 in equipment
in the company. B.4/2: The company prepaid for insurance with
$1,200 cash. C.4/3: The company paid cash for rent totaling
$1,200. D.4/5: The company completed services for a client for
cash totaling $8,000. E.4/10: The company provided a service
for $15,000 on account. F.4/11: The company purchased
equipment for $5,000 and supplies for $3,000 on account.
G.4/15: The company paid $1,500 cash for employee salaries.
H.4/24: The company paid $300 cash for utility bills. I.4/28:
The company paid dividends totaling $2,000 cash. Adjusting
entries completed on April 30 J.Insurance expired for the month
of April. K.An ending count determined that supplies totaled
$2,600. L.Wages of $3,000 were earned but not paid.
M.Services of $5,000 were earned but not billed.
N.Depreciation on the equipment is $500 per month. Using
the above data, complete the following: •Journal entries
•Posting to T-accounts •Trial balance •Adjusting entries
•Adjusting trial balance •Income statement •Statement of
retained earnings •Balance sheet and closing entries

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An Overview of the Odoo 17 Knowledge App

An Overview of the Odoo 17 Knowledge App

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Andreas Schleicher presents at the launch of What does child empowerment mean...

Andreas Schleicher presents at the launch of What does child empowerment mean...

Andreas Schleicher presents at the launch of What does child empowerment mean...

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UChicago CMSC 23320 - The Best Commit Messages of 2024

UChicago CMSC 23320 - The Best Commit Messages of 2024

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ANTI PARKISON DRUGS.pptx

ANTI PARKISON DRUGS.pptx

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Observing-Correct-Grammar-in-Making-Definitions.pptx

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Book Review of Run For Your Life Powerpoint

Book Review of Run For Your Life Powerpoint

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Stl Algorithms in C++ jjjjjjjjjjjjjjjjjj

Stl Algorithms in C++ jjjjjjjjjjjjjjjjjj

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How to Send Pro Forma Invoice to Your Customers in Odoo 17

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MOOD STABLIZERS DRUGS.pptx

MOOD STABLIZERS DRUGS.pptx

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Scopus Indexed Journals 2024 - ISCOPUS Publications

Scopus Indexed Journals 2024 - ISCOPUS Publications

SURVEY I created for uni project research

SURVEY I created for uni project research

SURVEY I created for uni project research

A.41 Jim invested $100,000 in cash and $50,000 in equipment in the

1. A.4/1: Jim invested $100,000 in cash and $50,000 in equipment in the company. B.4/2: The company prepaid for insurance with $1,200 cash. C.4/3: The company paid cash for rent totaling $1,200. D.4/5: The company completed services for a client for cash totaling $8,000. E.4/10: The company provided a service for $15,000 on account. F.4/11: The company purchased equipment for $5,000 and supplies for $3,000 on account. G.4/15: The company paid $1,500 cash for employee salaries. H.4/24: The company paid $300 cash for utility bills. I.4/28: The company paid dividends totaling $2,000 cash. Adjusting entries completed on April 30 J.Insurance expired for the month of April. K.An ending count determined that supplies totaled $2,600. L.Wages of $3,000 were earned but not paid. M.Services of $5,000 were earned but not billed. N.Depreciation on the equipment is $500 per month. Using the above data, complete the following: •Journal entries •Posting to T-accounts •Trial balance •Adjusting entries •Adjusting trial balance •Income statement •Statement of retained earnings •Balance sheet and closing entries