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Required information The following information applies to the questions displayed below.) The following transactions apply to Hooper Co. for 2013, its first year of operations

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Required information The following information applies to the questions displayed below.) The following transactions apply to Hooper Co. for 2013, its first year of operations 8 on it issued $100,000 of common stock for cash. 2. Provided $98,000 of services on account 3 collected $82,000 cash from accounts receivable 4 Loaned $$15,000 to Mosby Co. on November 30, 2018. The note had a one-year term to maturity and a 10 percent interest rate 5. Paid $32,000 of salaries expense for the year 6. Paid a $2,500 dividend to the stockholders 7. Recorded the accrued interest on December 312018 (see Item 4) 8. Estimated that 1 percent of service revenue will be uncollectible. eBook Required a Show the effects of these transactions in a horizontal statements model like the one shown as follows. Enter any decreases to account balances and cash outflows with a minus not signDo intermediate calculations and round outlows with a minus not round nearest whole number.) your final answers to HOOPER CO. Horizontal Statements Model Equity Income Statement Accounts Event Allowance for Doubtfull Receivable Receivable Revenue Accounts Stock COOOOOOOOTH Cash I ODOOOOOOOOD Required information The following information applies to the questions displayed below.) The following transactions apply to Hooper Co. for 2013, its first year of operations 8 on it issued $100,000 of common stock for cash. 2. Provided $98,000 of services on account 3 collected $82,000 cash from accounts receivable 4 Loaned $$15,000 to Mosby Co. on November 30, 2018. The note had a one-year term to maturity and a 10 percent interest rate 5. Paid $32,000 of salaries expense for the year 6. Paid a $2,500 dividend to the stockholders 7. Recorded the accrued interest on December 312018 (see Item 4) 8. Estimated that 1 percent of service revenue will be uncollectible. eBook Required a Show the effects of these transactions in a horizontal statements model like the one shown as follows. Enter any decreases to account balances and cash outflows with a minus not signDo intermediate calculations and round outlows with a minus not round nearest whole number.) your final answers to HOOPER CO. Horizontal Statements Model Equity Income Statement Accounts Event Allowance for Doubtfull Receivable Receivable Revenue Accounts Stock COOOOOOOOTH Cash I ODOOOOOOOOD

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