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me answer these questions??? Thank you Question 8 Which journal entry reflects the following transaction?: BOC bought a $300,000 building with $50,000 cash and a
Which journal entry reflects the following transaction?:
BOC bought a $300,000 building with $50,000 cash and a mortgage taken from a bank.
Dr.Building300,000
Cr.Mortgage250,000
Cr.Cash50,000
Dr.Mortgage250,000
Dr.Cash50,000
Cr.Building300,000
Dr.Cash50,000
Cr.Building300,000
Dr.Building300,000
Cr. Cash50,000
Dr.Building300,000
Cr. Cash300,000 Question 10Which journal entry reflects the following transaction?:
BOC declared a $9,000 dividend to be paid in cash next month.
Dr.Dividend Expense9,000
Cr.Cash9,000
Dr.Dividend Expense9,000
Cr.Dividends Payable9,000
Dr.Retained Earnings9,000
Cr.Dividends Payable9,000
Dr.Dividends Payable9,000
Cr.Dividends Expense9,000
Dr.Retained Earnings9,000
Cr.Cash9,000
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Fundamentals Of Advanced Accounting
Authors: Joe Hoyle
4th Edition
78136636, 978-0078136634
