Question
April 11 - Paid the amount owed to Samsung from the April 3 transaction. April 16 - Received payment from ABC Company. April 22 -
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April 11 - Paid the amount owed to Samsung from the April 3 transaction.
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April 16 - Received payment from ABC Company.
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April 22 - Sold televisions costing $125,000 for $225,000 to Jims Sports Bar & Grille on account.
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April 23 - Paid the amount owed to Samsung from the April 8 transaction.
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April 25 - Received payment from Jims Sports Bar & Grille.
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April 26 - Recorded cash salaries of $150,000 for the month of April.
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April 27 - Incurred the following operating expenses for the month of April: $25,000 advertising, $15,000 rent, $13,000 utilities, $5,000 repairs and maintenance, and $5,000 business insurance.
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April 28 - Recorded accrued interest expense for a loan of $6,000.
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Audit Regulations Audit Market Structure And Financial Reporting Quality Foundations And Trends R In Accounting
Authors: Christopher Bleibtreu, Ulrike Stefani
1st Edition
1680839004, 978-1680839005
