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Drop down options: Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation Advertising Expense Amortization Expense Bad Debt Expense Bank Charges Expense Buildings Cash Common Stock

image text in transcribed Drop down options:

  • Accounts Payable
  • Accounts Receivable
  • Accumulated Amortization
  • Accumulated Depreciation
  • Advertising Expense
  • Amortization Expense
  • Bad Debt Expense
  • Bank Charges Expense
  • Buildings
  • Cash
  • Common Stock
  • Copyrights
  • Cost of Goods Sold
  • Deferred Revenue
  • Delivery Expense
  • Depreciation Expense
  • Dividends
  • Dividends Payable
  • Donation Revenue
  • Equipment
  • Franchise Rights
  • Goodwill
  • Income Tax Expense
  • Income Tax Payable
  • Insurance Expense
  • Interest Expense
  • Interest Payable
  • Interest Receivable
  • Interest Revenue
  • Inventory
  • Land
  • Legal Expense
  • Licensing Rights
  • Logo and Trademarks
  • Notes Payable (long-term)
  • Notes Payable (short-term)
  • Notes Receivable (long-term)
  • Notes Receivable (short-term)
  • Office Expense
  • Patents
  • Prepaid Advertising
  • Prepaid Insurance
  • Prepaid Rent
  • Rent Expense
  • Rent Revenue
  • Repairs and Maintenance Expense
  • Retained Earnings
  • Salaries and Wages Expense
  • Salaries and Wages Payable
  • Sales Revenue
  • Selling, General, and Administrative Expense
  • Service Revenue
  • Short-term Investments
  • Software
  • Supplies
  • Supplies Expense
  • Travel Expense
  • Utilities Expense
  • Vehicles
Required information The following information applies to the questions displayed below.] Rawico Communications operates 10 radio stations. The following events occurred during September. a. Placed an order for office supplies costing $3,100. Supplier intends to deliver later in the month. b. Purchased equipment that cost $36,000; paid $15,000 cash and signed a promissory note to pay $21,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $7,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month. e. Received an investment of $8,000 cash from the company's owners in exchange for issuing common shares. f Supplies [ordered in (al] were received, along with a bill for $3,100. Required: 1. Indicate the specific account, amount, and direction of effects for each transaction on the radio station's accounting equation. If an event is not considered a transaction, leave the account, amount and direction of effects blank. (Enter any decreases to account balances with a minus sign.) Assets Liabilities Stockholders' Equity a. b. b. C. d. = e. f. Totals

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