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1. On Sept 1 Our Business Received a $150,000 check from Investors Exchange for Stock in the Business. 2. On Sept 2 Our Business Purchased

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1. On Sept 1 Our Business Received a $150,000 check from Investors Exchange for Stock in the Business. 2. On Sept 2 Our Business Purchased a TRUCK for $120,000 by paying $20,000 Cash Down Payment and signing a Note for the Remaining Balance. The Truck has a 5 year life. 3. On Sept 3 Our Business received a $25,000 Check from the MoHill Corp. for Services to be provided later. 4. On Sept 4 Our Business paid $14,000 with check for RENT for the next 4 months 5. On Sept 15 Our Business recorded Employee Salaries in the Amount of $24,000 and paid $12,000 now in Cash and the remainder will be paid Later. 6. On Sept 16 Our Business Provided Services to NINER Corp worth $50,000. We received a Check for $15,000 and Billed the Customer the remainder on Account 7. On Sept 27 Our Business Provided Services to MoHill Corp worth $44,000. We received a Check for $11,000, Used the Previous Deposit from the customer and Billed the remainder on Account 8. On Sept 28 Our Business Paid the Owners $9,000 with Checks. 9. On Sept 30 Our Business made an adjusting entry to record one month of Depreciation on the TRUCK 10. On Sept 30 Our Business made an adjusting entry to record one month of RENT used during the month. 11. On Sept 30 Our Business made an adjusting entry to record Income Tax Payable based on 40% Tax Rate. PLEASE ANSWER the FOLLOWING QUESTIONS Show All of your Answers as a Number Only. No Symbols, Dollar Signs, or Decimals. Unless otherwise stated. 1. Compute the Net Income (after Taxes) for the entire Month - 2. Compute the Operating Income for the Month 3. Compute the income Before Income Tax Expense- 11 4. Compute the End Balance in the Customer Deposit Account = 5. Compute the Ending Balance in the Prepaid Account at Month End - 6. Compute the Net Book Value of the Building at Month End - 7. Compute the Ending Balance in the CASH Account at Month End = 8. Compute the Ending Retained Earnings Balance at Month End = 9. Compute the Ending Total Assets Balance 10 Compute the Ending Total Liabilities Balance - 11. Compute the Ending Total Owners Equity Balance 12. Compute the Ending Total Liabilities and Owners Equity Balance

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