journal entries
Listed below are the accounts and their respective balances for KPP Inc. at December 31, 2019 Cash $ 40,000 Accounts Receivable 25,000 1.000 Allowance for Doct Accounts 20.000 Inventory (4,000 Pumpkins @ $5 each) Prepaid Rent Land 2,000 120.000 40.000 14250 3,000 Equipment Accumulated Depreciation Security Deposit Accounts Payable Taxes Payable Wages Payotte Note Payotte Common Stock 200 shares) Retained Emings 14,000 37000 37000 0.000 60 000 79.750 During 2020 the following transactions occurred: Padrior year's accounts payable Received prior years accounts reco Purchased 13.000 Pumps och Pad down Sold 14,000 Pumpkins for $12 each win 80% down cash 2015 will get the W* $1200 of unclecticut Paid 2019 septe Pad cash for was of 24000 Paidie months set 50.000 (Bear Pd 54.000 for advertising 2120 Sold 200 shares of common stock for $400 schon gust 2000 Podbit 2020 - $2.000 . De stad hot pay of 10000 3500 . Pada 2200 divind to share on December 200 Also during the year the company of the 2020 They were the 10% The com Fotory systems Al December 31, 2020, correst Rotte Al Dec 31, 2020, the company owed 12.000 wages which dopad The country cost $ 40.000000 the end record T accounts, income statement, balance sheet, statement of owners equity and statement of cash flow. Listed below are the accounts and their respective balances for KPP Inc. at December 31, 2019 Cash $ 40,000 Accounts Receivable 25,000 1.000 Allowance for Doct Accounts 20.000 Inventory (4,000 Pumpkins @ $5 each) Prepaid Rent Land 2,000 120.000 40.000 14250 3,000 Equipment Accumulated Depreciation Security Deposit Accounts Payable Taxes Payable Wages Payotte Note Payotte Common Stock 200 shares) Retained Emings 14,000 37000 37000 0.000 60 000 79.750 During 2020 the following transactions occurred: Padrior year's accounts payable Received prior years accounts reco Purchased 13.000 Pumps och Pad down Sold 14,000 Pumpkins for $12 each win 80% down cash 2015 will get the W* $1200 of unclecticut Paid 2019 septe Pad cash for was of 24000 Paidie months set 50.000 (Bear Pd 54.000 for advertising 2120 Sold 200 shares of common stock for $400 schon gust 2000 Podbit 2020 - $2.000 . De stad hot pay of 10000 3500 . Pada 2200 divind to share on December 200 Also during the year the company of the 2020 They were the 10% The com Fotory systems Al December 31, 2020, correst Rotte Al Dec 31, 2020, the company owed 12.000 wages which dopad The country cost $ 40.000000 the end record T accounts, income statement, balance sheet, statement of owners equity and statement of cash flow