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Make the necessary journal entries for the following transactions: 3/21/2023 Collected $1,147,000 in rent revenue. 3/23/2023 Paid $2,165,000 in dividends. 3/24/2023 Purchased new equipment for
Make the necessary journal entries for the following transactions:
3/21/2023 Collected $1,147,000 in rent revenue. 3/23/2023 Paid $2,165,000 in dividends. 3/24/2023 Purchased new equipment for $4,643,000. Paid in cash. 3/28/2023 Property manager stole $1,720,000 of company funds. 3/30/2023 Paid \$430,000 utility bill. Journal Entries Step by Step Solution
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Management Accounting
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
6th Edition
0077185536, 978-0077185534
