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In each case, on your own solution sheets make the appropriate journal entry in proper journal-entry form. Form counts. Your firm, Perry the DJ Platypus,
In each case, on your own solution sheets make the appropriate
journal entry in proper journal-entry form. Form counts.
- Your firm, Perry the DJ Platypus, Inc., buys a tech-support contract for the upcoming 4 months, paying $10,000.
- Your firm buys a subscription. to Variety (the costly trade newsfeed of the entertainment business), paying $2,400 for a 12-month subscription.
- A local school pays your firm $6,000 in advance to play music at their football stadium during May and June.
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