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Cash Accounts receivable Less Allowance for doubtful accounts Inventory Prepaid expenses Total current assets Salumo. Balance Sheet (Partial) As of December 31, 2017 $18,600 Accounts

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Cash Accounts receivable Less Allowance for doubtful accounts Inventory Prepaid expenses Total current assets Salumo. Balance Sheet (Partial) As of December 31, 2017 $18,600 Accounts payable $38,400 Notes payable 1,000 37.400 Unearned revenue 61,600 Total current liabilities 5,200 $122.800 $27,300 14,900 4,200 $46,400 The following errors in the corporation's accounting have been discovered 1 Keane collected $4,000 on December 20 2017 as a down payment for services to be performed in January 2018. The company's controller recorded the amount as revenue, 2. The Inventory amount reported included $3.89 of merchandise that had been received on December 31, 2017 but for which no purchase invoices had been received of entered Of this amount. $2.000 had been received on consignment, the remainder was purchased to.b.destination, terms 2/10, 1/30 3 Sales for the first day in January 2018 in the amount of $10.200 were entered in the sales journalas of December 31 2017 Of these. 55.800 were sales on account and the remainder were cash sales 4 Cash.collected in December 2017.but entered as received in January 2018 totaled $4.100. Of this amount $1,568 was received on account after cash discounts of 2% had been deducted the remainder was collected for cash sales Cash of $4 400 received in January 2018 was entered as received in December 2017. This cash represented the proceeds 5. of a bank loan that matures in July 2018 Sanuary 2018 cash disbursements entered as of December 2017 included payments of accounts payable in the amount of 6. $5.700, on which a cash discount of 1% was taken (1) Calculate the following adjusted balances Cash Accounts receivable Less Allowance for doubtful accounts Inventory Prepaid expenses Total current assets Salumo. Balance Sheet (Partial) As of December 31, 2017 $18,600 Accounts payable $38,400 Notes payable 1,000 37.400 Unearned revenue 61,600 Total current liabilities 5,200 $122.800 $27,300 14,900 4,200 $46,400 The following errors in the corporation's accounting have been discovered 1 Keane collected $4,000 on December 20 2017 as a down payment for services to be performed in January 2018. The company's controller recorded the amount as revenue, 2. The Inventory amount reported included $3.89 of merchandise that had been received on December 31, 2017 but for which no purchase invoices had been received of entered Of this amount. $2.000 had been received on consignment, the remainder was purchased to.b.destination, terms 2/10, 1/30 3 Sales for the first day in January 2018 in the amount of $10.200 were entered in the sales journalas of December 31 2017 Of these. 55.800 were sales on account and the remainder were cash sales 4 Cash.collected in December 2017.but entered as received in January 2018 totaled $4.100. Of this amount $1,568 was received on account after cash discounts of 2% had been deducted the remainder was collected for cash sales Cash of $4 400 received in January 2018 was entered as received in December 2017. This cash represented the proceeds 5. of a bank loan that matures in July 2018 Sanuary 2018 cash disbursements entered as of December 2017 included payments of accounts payable in the amount of 6. $5.700, on which a cash discount of 1% was taken (1) Calculate the following adjusted balances

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