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Fill in the missing amounts in the following schedules. Required 1 Required 2 Required 3 Required 4 Required 5 Fill in the missing amounts in
Fill in the missing amounts in the following schedules.
Required 1 Required 2 Required 3 Required 4 Required 5 Fill in the missing amounts in the following schedules. 651,000 274,000 Accounts payable, 12/31/x0 Purchase of goods and services on account during 20x1 Payments of accounts payable during 20x1 Accounts payable, 12/31/x1 868,000 Half of each month's sales are on account. March sales amounted to $205,500. 70% of credit sales is collected in the month of sale: 30% is collected in the following month. Yen is the Japanese national currency. Required 1 Required 2 Required 3 Required 4 Required 5 Fill in the missing amounts in the following schedules. $ 1,549,400 305,100 Retained earnings, 12/31/x0 Net income for 20x1 Dividends paid in 20x1 Retained earnings, 12/31/x1 Required 4 Required 5 ) Half of each month's sales are on account. March sales amounted to $205,500. f70% of credit sales is collected in the month of sale; 30% is collected in the following month. Yen is the Japanese national currencyStep by Step Solution
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