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ADDITIONAL INFORMATION Dividends declared and paid 25000 Equipment was sold for 8,500, it was bought for 18,000 and had a book value of 8,500 when

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ADDITIONAL INFORMATION Dividends declared and paid 25000 Equipment was sold for 8,500, it was bought for 18,000 and had a book value of 8,500 when sold All sales are credit sales 10 In the space below, create the Cash Flow Statement for 2011 2. sst voor & so.o You are the accountant for Security Software. The month just ended 1/31/2002 Create journal entries for the following: 11. During the month software sales were 50,000, all on account, and sales tax is 8.5% in addition to that amount. Describe the above with a journal entry Debit Credit Account 12. On Feb 15th you send this sales tax from number 11 to the state. Make the Journal Debit Credit Account 13. Customers also were invoiced $12,000 for 1 year maintenance contracts. Describe the transaction. (there is no sales tax on this) Debit Credit Account

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