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Please highlight the answers only and only submit if you are abosulutely positive, this is my last try! The number already in the answer boxes
Please highlight the answers only and only submit if you are abosulutely positive, this is my last try! The number already in the answer boxes are my best guesses that i havent turned in yet. The answer to number 8 cant be 9,060 or 14,740, thanks!
Questions 8 and 9 refer to the following information: X Company prepares monthly financial statements. The following transactions occurred during January: 1. On January 1, a one-year store rental lease was signed for a total of $33,600, and 2. On January 1, equipment was purchased for $60,000 with a downpayment of $6,000 rent for the first 4 months was paid in advance. and a note for the remainder. The note along with annual interest of 8% was due in a year. The estimated life of the equipment is 10 years with a salvage value of $4,000. 3. Daily wages are $1,900 and are paid every Friday. The last day in January was a Monday 8. The required adjusting entries on January 31 decreased net income by a total of 8999.67 Submit AnswerIncorrect. Tries 2/3 Previous Tries 9. The required adjusting entries on January 31 decreased total assets by a total Submit Answer Tries 0/3 of 3,26667 Step by Step Solution
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