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I can not figure out the adjustments amounts on a 5 part question. Accounting help Project 2 Part 1: Journalize the transactions below for May,
I can not figure out the adjustments amounts on a 5 part question.
I can not figure out the adjustments amounts on a 5 part question.
Accounting help Project 2
Part 1: Journalize the transactions below for May, the last month of the fiscal year. If an armount box does not require an entry leave it blank. May 1. Pegily rent rur fillar 45,000. May 4: Paid freight un purchase of May 3, f600. Mey 7: Reseyed $22,300 cash from halstyd fo. Gorl account, May 13: fend fer areat af aredise purchesed un May B. May 19: Paid SB3, 950 . Lo Buttons Co, on decount. May 21: Fir the compentence or Crewernt co., pald freight on sale of May 21, $2,300. May 21: Recuved A 12 goo cash rrom Gee Do. on acount. May 31: Recaived cash From sele of May 21 plus frzelit Comprehensive: Problern 2 Part. 3: Notre: yoc nwast canwlele parts 1 and 2 buforea wamplating part 3. Comprethernalle Problem 2 F. The adjustment for customer returns and allowances is 550,000 for sales anc 535.000 for cost of 900ds.50ld. If an amount box does not require an entry, leave it blank. Daliearte Creak Co. Parte 8 : Noter: Bar. 5 is the omblional workshuet. 3. Pritpare a balance sheet. Palisade Creek Co. Balance Sheet. May 31,20 , 6 Foat 9 Fwattinak: F clack Mrivarh. In preparing dosing entries, recailithat fi: Part 10: You mest complete part, 1, 2, 3, 4, 5, 7, 8 and 9 before attempting to compiete part 10. Fart. 5 is the optional werkshee Prapane a pust-ciosing treal balange. If an arnount box does hot require an entry, leave it blarkStep by Step Solution
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