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The following events apply to Gulf Seafood for the Year 1 fiscal year: 1. The company started when it acquired $60,000 cash by issuing common

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The following events apply to Gulf Seafood for the Year 1 fiscal year: 1. The company started when it acquired $60,000 cash by issuing common stock. 2. Purchased a new cooktop that cost $40,000 cash. 3. Earned $72,000 in cash revenue. 4. Paid $25,000 cash for salaries expense. 5. Adjusted the records to reflect the use of the cooktop. Purchased on January 1, Year 1, the cooktop has an expected useful life of four years and an estimated salvage value of $4,000. Use straight-line depreciation. The adjusting entry was made as of December 31, Year 1. Required o. Record the events in general journal format and post to T-accounts. Complete this question by entering your answers in the tabs below. Record the events in general journat. (If no entry is required for a transactionvevent, select "No journal entry required" in the first accourt field.) account field.) Required a. Record the events in general journal format and post to T-accounts. Complete this question by entering your answers in the tabs below. Record the events in general journal. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Journal entry worksheet flotei tinter debits before credits. Required a. Record the events in general journal format and post to T-accounts. Complete this question by entering your answers in the tabs below. Record the events in general journal. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Journal entry worksheet Record purchase of equipment for cash. Netet finter debas hefore cretus. Required Q. Record the events in general journal format and post to T-accounts. Complete this question by entering your answers in the tabs below. Record the events in general journal. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Required a. Record the events in general journal format and post to T-accounts. Complete this question by entering your answers in the tabs below. Record the events in general journal. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) Journal entry worksheet Record cash paid for salaries expenses. Note: Enter debits belore credits. Required Q. Record the events in general journal format and post to T-accounts. Complete this question by entering your answers in the tabs below. Record the events in general joumal. (If no entry is required for a transaction/event, select "No journal entry required "in the first accourt field.) Journal entry worksheet A B C D Post the evants it T-arenunte

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