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How do I do this Check my word 2. Part 2 of 9 Transactions during 2018 (summarized in thousands of dollars) follow: a. Borrowed $31
How do I do this
Check my word 2. Part 2 of 9 Transactions during 2018 (summarized in thousands of dollars) follow: a. Borrowed $31 cash on July 1, 2018, signing a six-month note payable. b. Purchased equipment for $34 cash on July 2, 2018. c. Issued additional shares of common stock for $5 on July 3. d. Purchased software on July 4, $3 cash. e. Purchased supplies on July 5 on account for future use, $7. f. Recorded revenues on December 6 of $64, including $8 on credit and $56 received in cash. g. Recognized salaries and wages expense on December 7 of $39; paid in cash. h. Collected accounts receivable on December 8, $9. i. Paid accounts payable on December 9, $10. j. Received a $3 cash deposit on December 10 from a hospital for a contract to start January 5, 2019. 1.11 points Print Data for adjusting journal entries on December 31: k. Amortization for 2018, $3. 1. Supplies of $3 were counted on December 31, 2018. m. Depreciation for 2018, $4. n. Accrued interest of $1 on notes payable. o. Salaries and wages incurred but not yet paid or recorded, $3. p. Income tax expense for 2018 was $4 and will be paid in 2019. 1, 3, 5 and 8. Set up T-accounts for the accounts on the trial balance. Enter beginning balances and post the transactions (a)-0), adjusting entries (k)-(p), and closing entry. (Enter your answers in thousands of dollars.)
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