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On March 1, 2014 jupiter Corp. had supplies on hand of $500. During the month, Iupiter purchased supplies of $1.200. On March 31, 2014. Jupiter
On March 1, 2014 jupiter Corp. had supplies on hand of $500. During the month, Iupiter purchased supplies of $1.200. On March 31, 2014. Jupiter Corp. had supplies on hand of 5700 The March 31 adjusting journal entry should include a X det to the supplies for $1.000 credit to the supplies expense for $1,000 X Get to she sees sense for 5700 credit to the supplies for 5700 X to the expense for $1.200: credit to the supplies for $1,200 X to the sus expense 51000 credit to the supplies 51.000 Question : 30 During December 2013, Wave Inn collected 575,000 of cash and recorded the receipt by recognizing unearned revenue. By the end of the month Wave Inn had earned one-third of this amount, the other two-thirds will be earned during January 2014 Debit Unearned Rent Revenue, 525000; Credit Rent Revenue, $25000. Debit Rent Revenue $25000: Credit Unearned Rent Revenue, $25000 X X X x x x x Debit Uneamed Rent Revenue. 550000; Credit Rent Revenue, $50000. Debit Cash, 575000; Credit Uneamed Rent Revenue, $75000. Question : 32 Indicate whether Account Receivables is X Asset X Liability X Owner's equity X Dividends Question: 33 On October 1, 2014, Padilla Industries had an accounts payable balance of $25,000. During the month, the company made purchases on account of $25,000 and made payments on account of $20,000. On October 31, 2014, the accounts payable balance is 30000 70000 20000 X 5000
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