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blondinia [14]
4 years ago
11

Tristar Production Company began operations on September 1, 2016.

Business
1 answer:
vladimir2022 [97]4 years ago
8 0

Answer and Explanation:

1st Sep     Land 85400/140000*120000          $73,200

               Building 54600/140000*120000    $46,800

               Cash                                                                       $120,000    

2nd Sep   Equipment 42000*0.91743            $38,532.06

                Discount  3780*0.91743                 $3,467.94

                Notes Payable                                                        $42,000

15th Sep   Truck                                                $2,700

                Sales Revenue                                                      $2,700

18th Sep   Organization Cost Expenses         $4,000

                Cash                                                                     $4,000

10th Oct    Machinery                                     $17,600

                 Cash                                                                     $17,600

2nd Dec   Office Equipment                          $5,700

                Common Stock                                                    $5,700

10th Dec   Land                                               $22,000

                Cash                                                                    $3,000

                Notes Payable                                                      $19,000

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