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If $22,000 is deposited annually starting on January 1, 2020 and it earns 8%, how much will accumulate by December 31, 2029? (Round factor values
If $22,000 is deposited annually starting on January 1, 2020 and it earns 8%, how much will accumulate by December 31, 2029? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, e.g. 458,581.) Sheridan Co, uses the gross method to record sales made on credit. On July 1, 2020, it made sales of 64,000 with terms 2/10n/30. On July 9,2020, Sheridan received full payment for the July 1 sale. Prepare the required journal entries for Sheridan Co. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
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