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Enter these into a general journal. The following transactions occurred during the month of December 2019: Dec. 5 6 6 7 9 10 12 14
Enter these into a general journal.
The following transactions occurred during the month of December 2019: Dec. 5 6 6 7 9 10 12 14 16 17 19 21 24 25 27 28 30 31 31 Paid accounts payable of $4,120 Paid stadium rental of $3,070 in advance. Purchased supplies, $330, on account. Deposited $28,000 of admissions receipts. Unearned admissions revenue is for gift certificates purchased for admission into future shows. $810 more of these gift certificates were sold to a local restaurant business, for cash. Purchased $6,960 of concessions items on credit. Acquired additional equipment worth $23,000 by paying $200 cash and giving a long-term note payable for the balance. Paid wages of $13,500 for the period December 1 through 14. Paid for the supplies purchased on December 6. Purchased $7,000 of supplies on credit. Sold 500 shares of $10 par value common stock for $10 a share. Deposited $32,180 from concessions sales and $10,660 of admissions receipts. Paid $6,600 for repairs to roof for weather damage. Purchased $6,400 of concessions items on account. Paid for the supplies purchased on December 17. Paid wages of $20,130 for the period December 15 through 28. Paid $4,300 to newspaper for advertisements that appeared in December. Deposited $23,000 from admissions receipts and $46,340 from concessions sales. Declared and paid the annual dividend, amounting to $5,600Step by Step Solution
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