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6,7,8,9 please QUESTION 6 Jenna's Teen Shoppe had a fire. The entire inventory was lost. Jenna is putting together a claim for the insurance company.

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QUESTION 6 Jenna's Teen Shoppe had a fire. The entire inventory was lost. Jenna is putting together a claim for the insurance company. Sales this year were $2,000,000 up until the fire. Last year's sales were $1,000,000. Jonna marks her inventory up 100% (ie she sells her merchandise at 200% of her cost). The inventory at the beginning of the year was $400,000 (at cost). Jonna owed suppliers $300,000 last year. The company had purchased $800,000 of dresses this year (at cost) up until the date of the fire. How much can Jenna claim as lost during the fire? A. $ 640,000 B. $ 340,000 OC. $ 440,000 D. $200,000 OE. $ 240,000 QUESTION 7 Tessa Co. Issues 3,000 shares of $10 par value stock for $90,000, the credit to "Paid in capital' would be A $ 80,000 B. none of the listed choices OC. $ 87,000 D. $ 60,000 E. $ 78,000 QUESTION 8 If beginning Jones' Company's Prepaid Rent is $6,000 and the Company paid 5 months' rent of $15,000, the ending financial statements would include A. Rent Expense of $15,000. B. Rent Payable of $ 3,000 C. Rent Payable of $15,000 D.none of the listed choices E. Prepaid Rent of $ 21,000 QUESTION 9 Brynn purchased a new machine on January 1, for $420,000. Brynn paid $10,000 down with the rest payable in 10 equal annual payments, beginning in one year, which include interest at 10%. The amount of each payment would be: A. $ 66,725.61 B. $ 41,000 interest C. none of the listed choices D. $ 92,451.22 E. $ 68,353.07

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