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Exercise 7-23 (Algo) Transaction analysisvarious accounts LO 7-3, 7-4, 7-5, 7-8 Skip to question [The following information applies to the questions displayed below.] Use the
Exercise 7-23 (Algo) Transaction analysisvarious accounts LO 7-3, 7-4, 7-5, 7-8 Skip to question [The following information applies to the questions displayed below.] Use the following transactions. Wages of $1,034 for the last three days of the fiscal period have not been accrued. Interest of $210 on a bank loan has not been accrued. Interest on bonds payable has not been accrued for the current month. The company has outstanding $900,000 of 8.5% bonds. The discount related to the bonds in part c has not been amortized for the current month. The current month amortization is $90. Product warranties were honored during the month; parts inventory items valued at $915 were sent to customers making claims, and cash
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