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PLEASE RESPOND ASAP 3. On August 1, 20Y2, Cochise Co. received $24,000 for the rent of land for 12 months. Journalize the adjusting entry required
PLEASE RESPOND ASAP3. On August 1, 20Y2, Cochise Co. received $24,000 for the rent of land for 12 months.Journalize the adjusting entry required for unearned rent on December 31, 20Y2. 4. Noric Cruises Inc. began the month of October with the following balances: Common Stock, $150,000; Additional Paid-In Capital, $3,225,000; and Retained Earnings, $12,400,000. During June, Noric issued for cash 50,000 shares of common stock (with a stated value of $1) at $16 per share. Noric reported the following results for the month ended October 31: Net income $2,350.000 Cash dividends declared 475.000 Finish attemp Prepare a statement of stockholders' equity for the month ended October 31.
PLEASE RESPOND ASAP
3. On August 1, 20Y2, Cochise Co. received $24,000 for the rent of land for 12 months.Journalize the adjusting entry required for unearned rent on December 31, 20Y2.
4. Noric Cruises Inc. began the month of October with the following balances: Common Stock, $150,000; Additional
Paid-In Capital, $3,225,000; and Retained Earnings, $12,400,000. During June, Noric issued for cash 50,000 shares of
common stock (with a stated value of $1) at $16 per share. Noric reported the following results for the month ended
October 31:
Net income
$2,350.000
Cash dividends declared
475.000
Finish attemp
Prepare a statement of stockholders' equity for the month ended October 31.
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Accounting
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
28th Edition
1337902683, 978-1337902687
