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Assets Kat o [ LU TU - , LU TU - 5 ] Jack Hammer Company completed the following transactions. The annual accounting period ends
Assets Kato LU TU LU TU
Jack Hammer Company completed the following transactions. The annual accounting period ends December
April Received $ from Commerce Bank after signing a month, percent, promissory note.
June Purchased merchandise on account at a cost of $Assume a perpetual inventory system.
July Paid for the June purchase.
August Signed a contract to provide security service to a small apartment complex starting in September, and collected six months' fees in advance, amounting to $
December Determined salary and wages of $ were earned but not yet paid as of December ignore payroll taxes
December Adjusted the accounts at yearend, relating to interest.
December Adjusted the accounts at yearend, relating to security service.
Required:
& Prepare journal entries for each of the transactions through August and adjusting entries required on December
Show how all of the liabilities arising from these items are reported on the balance sheet at December
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Show how all of the liabilities arising from these items are reported on the balance sheet at December Do not round intermediate calculations.
tableJACK HAMMER COMPANYBalance Sheet partialAt December Current LiabilitiesNotes Payable shorttermLogo and Trademarks,,Calarion and INIn,,,
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