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I started fillit out not sure if im right Show each of the following transactions in the accounting equation. Then, tell whether or not the
I started fillit out not sure if im right
Show each of the following transactions in the accounting equation. Then, tell whether or not the original transaction as given is one that results in the recognition of revenue or expenses. Click the icon to view the transactions.) Begin by entering transaction a. Irving Inc. paid its computer service technicians $80.000 in salaries for the month ended January 31 Shareholders' Equity Assets Liabilitie5 Contributed Capital Retained Earnings Account Account Account Account (80,000) Salary exp More Info b. Bargain Depot Oil used $11,000 worth of electricity in its headquarters building during March. Shell received the bil but will not pay it until s a. Irving Inc. paid its computer service technicians S80,000 in salaries for the month ended b. Bargain Depot Oil used $11,000 worth of electricity in its headquarters building during c. In 2011, Home Depot's, FAS had $23 million in catalogue sales. Assume all sales were d. Paper Depot collected $61 million in interest and investment income during 2010. Shareholders' Equity January 31 Retained Earnings Assets Liabilities Contributed Capital March. Shell received thebut will not pay it until sometime in April Account Account Account Account 11.000) tilies exp recorded as credit sales. c. In 2011, Home Depot's, FAS had $23 million in catalogue sales. Assume all sales were recorded as credit sales. (Enter amounts in millions.) PrintDone Shareholders' Equity Assets Liabilities +Contributed Captal + Retained Earnings Account Account Account Account 23,000,ODD Choose from any list or enter any number in the input fields and then continue to the nextStep by Step Solution
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