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10) The balances for the accounts of Milo's Management Co. for the year ended December 31 are shown below. Each account shown had a normal
10) The balances for the accounts of Milo's Management Co. for the year ended December 31 are shown below. Each account shown had a normal balance. 7,000 Wages Expense......... Rent Expense............ 36,000 6,000 Accounts Payable..... Accounts Receivable... Cash..................... Office Supplies. Building................. Supplies Expense...... Common Stock........... Management Revenue. ? 1,200 125,000 I 21.500 I 118,700 175,000 Land. Unearned Management Fees Dividends 50,000 4,000 48,000 DIT Write your answer in the space provided or on a separate sheet of paper. eginning cash balance and cash transactions for the month of January. Using this EXTRA CREDIT. Write your Jet Styling has the following beginning cash balance and information prepare a statement of cash flows. $3,200 15,000 1,000 1,800 7,500 1,500 7,750 2,000 4,000 a. Beginning cash balance...... b. Cash received from stock issuance. Cash payment toward long-term loan Cash payment of rent... Purchased equipment for cash..... f. Purchased store supplies for cash... g. Cash collected from customers... Cash dividends paid.... i. Cash payment of wages
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