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George Jarvis purchased a trailer park on January 1,0007. It is now March 31. Gerorge has no accounting training but has kept a record of
George Jarvis purchased a trailer park on January 1,0007. It is now March 31. Gerorge has no accounting training but has kept a record of his cash receipts and cash payments for the three months.
Cash Receipts $100,000 Cash Payments is investment for trailer ark shares ad ilding fice equipment ortgage payable surance ages aintenance ffice supplies Utilities $168,600 216,000 8,000 350,000 4,800 4.500 400 300 900 Property taxes 6,000 Jarvis, salary Rental sales revenue Mortgage interest expense Mortgage principal payments. Jan. 10.500 4.667 2,000 60,000 and Feb. Cash Receipts $100,000 Cash Payments is investment for trailer ark shares ad ilding fice equipment ortgage payable surance ages aintenance ffice supplies Utilities $168,600 216,000 8,000 350,000 4,800 4.500 400 300 900 Property taxes 6,000 Jarvis, salary Rental sales revenue Mortgage interest expense Mortgage principal payments. Jan. 10.500 4.667 2,000 60,000 and Feb Step by Step Solution
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