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U nushed=true&cid=57971248 centerwineyes hapter 3: Problems 1 of 5 (1 complete) 0 More Info al entry table sday. Lindy a. Each Friday, Lindy pays employees

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U nushed=true&cid=57971248 centerwineyes hapter 3: Problems 1 of 5 (1 complete) 0 More Info al entry table sday. Lindy a. Each Friday, Lindy pays employees for the current week's work. The amount of the weekly payroll is 59.000 for a five-day workweek. This year December 31 falls on a Tuesday. Lindy will pay its employees on January 3. b. On January 1 of the current year, Lindy purchases an insurance policy that covers two years. $6,000 c. The beginning balance of Office Supplies was $3.400. During the year, Lindy purchased office supplies for $5, 100, and at December 31 the office supplies on hand total $3,000 d. During December. Lindy designed a landscape plan and the client prepaid $4.500. Lindy recorded this amount as Uneamed Revenue. The job will take several months to complete, and Lindy estimates that the company has earned 40% of the total revenue during the current year e. At December 31. Lindy had earned $6,000 for landscape services completed for Brimmfield Appliances Brimmfield has stated that it will pay Lindy on January 10 f. Depreciation for the current year includes Equipment, $3.000 and Trucks, $2.000 g. Lindy has incurred $300 of interest expense on a $600 interest payment due on January 15 Print Done

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