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yoff Weygandt, Financial & Managerial Accounting, 1e Gradebook ORION jan. 1 Victoria accepted a 4-month, 8% note from Leon Company in payment of Leon's $2A00

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yoff Weygandt, Financial & Managerial Accounting, 1e Gradebook ORION jan. 1 Victoria accepted a 4-month, 8% note from Leon Company in payment of Leon's $2A00 accout 3Victoria wrote off as uncollectible the accounts of Barker Corporation ($400) and Elmo Company (s200) 8 Victoria purchased $18,220 of inventory on account 11 Victoria sold for $26,800 on account inventory that cost $17,290 5 Victoria sold inventory that cost $730 to Joe Harlbo for $1,400. Haribo charged this amount on his Visa Rrs First Bank is 3%. 17 Victoria collected $20,700 from customers on account 21 Victoria paid $16,320 on accounts payable 24 Victoria received payment in full ($200) from Elmo Company on the account writhen off on January 3 27 Victoria purchased advertising supplies for $1,430 cash 31 Victoria paid other operating expenses $3,290 Adjustment data: 1. Interest is recorded for the month on the note from January 1 2. Bad debts are expected to be 5% of the January 31, 2014, accounts rece vabi. 3 A count of advertising supplies on January 31, 2014, reveals that $410 remains unused (a) Prepare journal entries for the transactions listed above and adjusting entries(Round answers to decimal automatically indented when amount is entered. Do not indent manually 1Notes Receivablie Cancel

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