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Required Information [The foolowing information applies to the questions displayed beiow] Palmer Cook Music Productions manages and operates two bands. The company entered into the

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Required Information [The foolowing information applies to the questions displayed beiow] Palmer Cook Music Productions manages and operates two bands. The company entered into the following transactions duning a recent year. bccountipe system, the cobpaty recordi the vehilele distinct from other typei of rquipeest. sses, on acceunt. The lepos did not increale the 1ifespos, operating cajacity, or operating efficiency of the bus, but they bere thought to be useful in premetine the bands. Janvary 30 Wrote a check for the amont gurd on accoust for the work completed on January in. Fubruary 1 Purchased ne spediers and amplifieri and wrote a check for the full s37, 5e0 cost. February' a Fald swot cash for einor repairs to the covn bus Harch 1 Pald 31, eoe caih and alened o 1275, ove five-year nete to purchase o sal1 office bullaine and lond. an abpraisel inaicated that the bullatine and land contributed equally te the total price. values of the tangible outets acqulred were $22,600 for bond equipeent and 160 , 000 for recordine fquipeent. Required: 1.a. Coinglete the fosowing accounting equation table for the above tranactons. TP. Goodwili is recorded as the excess of the porchase price over the folr value of indidiul ossets. (Enter any decreases to Assets, Liabilities, or Stockholders' Equify with a Finus slgn.)

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