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OF ABC Cpany has fing Acer Real 12000 Cider the Glowing for ABC Comp 2018 Avg 3 Aug 28 Out 12 Now 5 Dec. 31

OF ABC Cpany has fing Acer Real 12000 Cider the Glowing for ABC Comp 2018 Avg 3 Aug 28 Out 12 Now 5 Dec. 31 Sold inmoyo Parson Compe COGS Mystery's contabaurre Coin full from Peanon Company Received $19,000 from Mystery, inatate the oceable i Made nading entry to cond llectible w method (aging method) The aging schedule shows test ful$18,000 Requirements: Record the transactions in the Joumal of ABC Compy Shel amounts Show balance before adjmment and after adjustment in the Q2: Recliner completed following selected transactio 2018 Sept. 1 Oct. 8 Dec. 7 Dec. 31 2012 Jan. 18 Loaned $22,000 cash to Brian Company, receiving a six mon Received a $15,000, 60-day, 10% mone for a sale to Arcadia Company Arcadia dishonored its note at maturity, convert the murity value of the note to an account receivable. Accrued the interest on the Brien Company note Collect in fall on account from Arcadia Company, farch I Collect the maturity value of Brian Company quirements: Record the transactions in the Journal of Recliner. Show how to calculate amounts Following selected transactions are given for Camera Company or 1 Traded old computer with new fumiture. Old computer has a cost of $5,000, useful life is 5 years and has zero residual value. Accumulated depreciation of computer is $3,000 as of December 31 of preceding year. Company also paid $1,000, New fumiture has a market value of $2,500. Company uses straight-line method for old computer. irements: . Record the transactions in the Journal of Cimera Company. Show how to calculate amounts. On January 1, 2014, Speed Company purchased equipment for $240,000. The company expects the equipment a total of 40,000 hours over the next 8 years. The estimated sales price of the

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