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Journal entries required 15 On December 21, 2019, a customer paid a deposit of $1,000 to Coast Air Washer Inc. for the air purifier components.
Journal entries required
15 On December 21, 2019, a customer paid a deposit of $1,000 to Coast Air Washer Inc. for the air purifier components. The components are expected to be delivered to the customer on January 14, 2020. (2 points) 8 00:35.07 Essay Toolbar navigation y s E A Sorved Help Save & Ext On March 31, 2019, Coast Air Washer Inc. purchased a machine for cash $18,000 in cash. The machine started to operate on April 1, 2019 The estimated useful life of the machine is 20 years, and Coast Air Washer Inc. plans to distribute the cost of using the machine evenly throughout the useful life of the machine. (5 points) Essay Too bo navigation BI V S E 3 A This question will be sent to your instructor for grading. Coast Air Washer Inc. held office supplies on December 31, 2018, at a cost of $6,200. During 2019. Coast Air Washer Inc. did not purchase any office supplies. On December 31, 2019. Coast Air Washer Inc. had office supplies at a value of $4,100 remaining. (3points) Essay Toolbat navigation BI V S A Save Help Sav On November 1, 2018 Coast Air Washer Inc. purchased a piece of equipment at a cost of $3,500 and signed a 1-year note payable to pay the cost The equipment was not used in both 2018 and 2019. The interest on the note payable is 12% annually. The note and the interest are paid on October 31, 2019 (Hint: Remember that you need to record journal entries for 2019) (6 points) Essay Toober navigation BI S A - - * On November 22, 2019, Coast Air Washer Inc. declared a dividend of $1,200. payable on April 15, 2020. Coast Air Washer holds a dividend account. (2 points) Essay Toolbar navigation BI U S E Y A KYStep by Step Solution
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