Following are selected transactions or events of Amazon Company relating to its first month of operation. (a)

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Following are selected transactions or events of Amazon Company relating to its first month of operation.

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(a) Prepare any initial journal entries necessary to record the above transactions or events.

(b) Prepare month-end adjusting journal entries that are deemed appropriate related to the above transactions or events.

(c) Prepare the current liability section of the company's balance sheet as of the end of the month. The only obligations are those related to the above transactions or events.

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Financial Accounting

ISBN: 9781456352974

1st Edition

Authors: Dr. Larry M. Walther

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