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On March 1, foxtures and equipment were purchased for $5,000 with a downpayment of $1.000 and $4,000 note, yable in one year. Interest of 4

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On March 1, foxtures and equipment were purchased for $5,000 with a downpayment of $1.000 and $4,000 note, yable in one year. Interest of 4 per year was de when the news. The of the fixtures and equipment is 12 years with no expected salvage value. (Note: Record the comete March 1 entry for the countries the camere chi desting try reco and the complete March 31 interest adjusting entry third] Accounts Dollar amount: Account Dollar amount: Account: B Dollar amount Account: D Dollar amount Account: Dollar amount: Account: D Dollar amount: Account: Dollar amount Account: Dollar amount Three former college classmates decided to open a store near camous to sell wireless equipment to students. They created a public company. The Wire, and issued took to interested. They creating monthly financial statements. Required: Several transactions occurred in March. Each is described separately in this folder. For each transaction, indicate the accounts for the Wee that are affected, whether they are or decrease, and the amount of the increase or decrease YOU MUST FOLLOW THE INSTRUCTIONS BELOW. IF YOU DON'T, YOU MAY KNOW THE CORRECT ENTRY BUT THE COMPUTER WILL NOT RECOGNIZE IT AND WILL NOT GIVE YOU CREDIT 1. After each transaction description, there are several Account submission tones and corresponding "Amount submission boxes to indicate the counter at you therefectes, choose them from the drop-down menu. But you MUST select them in the order that they are listed in the menu. FOR EXAMPLE, you think that cash and traventory are affected by a particular transaction, and the effect on the cash account first and the effect on the inventory account second, since that is the order which they are listed in the drop-down menu. If you read the inventory effect that and the Cash effect second, even if they are the correct accounts with the correct dollar amounts, your answer will be considered wrong 2. When you record the dollar amounts, be sure to use a minus sign to indicate a decrease in the account. You don't need to use a plus sito indicate an increase. Ano da rigoros 3. There are always more "Account" and "Amount" submission boxes available than are necessary. When you have indicated at the accounts that are affected by the transaction select "Leave Bankron the drop-down menu for EACH of the remaining Account submission boxes (you can leave the amount boxes blank), 4. For transactions 1, 3, 4, 5, and 8, you are given additional instructions. Read and follow them. S. You get tries for each complete entry. 6. The entries for transaction #8 is worth 4 points. The entries for each of the other transactions are worth 2 points

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