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accounting records for Sony Snowboard Company, a snowboard repair company,contained the following balances as of December 31, 2008 EE (Click the icon to view the

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accounting records for Sony Snowboard Company, a snowboard repair company,contained the following balances as of December 31, 2008 EE (Click the icon to view the balance sheet at December 31, 2008) The following accounting events apply to Sony's 2009 fiocal year E (Click the lcon to view the accounting events Requirement 1. Record the account balances as Enter the beginning balances into the accounting 0 are into a Jenuary 1 The company recelved an adssional 520,000 cash from the owners in exchange for common b January Assets stock Account 1 Sony purchased a computer that cost $15,000 for cash. The computer had no salvage valu and a three-year useul i 1 The e any borrowed S 10 000 by issuing a on-year note at 12% 1 The company paid $2.400 cash in advance for a one-year lease for office space Beg bal L March d May June 1 The company declared and paid dvidends to the owners of $4,000 cash August1Cash payments on accounts payable amounted to $6.000 h August 1 Sony recelved 59 500 cash in advance for 12 months of service to be performed montly fo 1 The company purchased land that cost $17,000 cash Requirement 2. Using the worksheet, record t sevenj that need to be made before the financial re five addional adjustments (for a total of next yoar beginning on receipt of payment Choose from any ist or enter any number in th September 1 Sony sold a parcel of land for $13,000 cash the amount the company originally paid for Ocdober 1Sony purchased $795 of supplies on account accounting records for Sony Snowboard Company, a snowboard repair company,contained the following balances as of December 31, 2008 EE (Click the icon to view the balance sheet at December 31, 2008) The following accounting events apply to Sony's 2009 fiocal year E (Click the lcon to view the accounting events Requirement 1. Record the account balances as Enter the beginning balances into the accounting 0 are into a Jenuary 1 The company recelved an adssional 520,000 cash from the owners in exchange for common b January Assets stock Account 1 Sony purchased a computer that cost $15,000 for cash. The computer had no salvage valu and a three-year useul i 1 The e any borrowed S 10 000 by issuing a on-year note at 12% 1 The company paid $2.400 cash in advance for a one-year lease for office space Beg bal L March d May June 1 The company declared and paid dvidends to the owners of $4,000 cash August1Cash payments on accounts payable amounted to $6.000 h August 1 Sony recelved 59 500 cash in advance for 12 months of service to be performed montly fo 1 The company purchased land that cost $17,000 cash Requirement 2. Using the worksheet, record t sevenj that need to be made before the financial re five addional adjustments (for a total of next yoar beginning on receipt of payment Choose from any ist or enter any number in th September 1 Sony sold a parcel of land for $13,000 cash the amount the company originally paid for Ocdober 1Sony purchased $795 of supplies on account

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