=+3. On behalf of Music Depot, Lee signed a contract with a local radio station, WHBD, to

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=+3. On behalf of Music Depot, Lee signed a contract with a local radio station, WHBD, to provide guest spots for the next three months. The contract requires Music Depot to provide a guest disc jockey for 80 hours per month for a monthly fee of $3,600. Any additional hours beyond 80 will be billed to WHBD at $40 per hour. In accordance with the contract, Lee received

$7,200 from WHBD as an advance payment for the first two months.

3. Paid $250 on account.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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