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qaws [65]
3 years ago
7

Jameson Corporation was organized on May 1. The following events occurred during the first month.

Business
1 answer:
olya-2409 [2.1K]3 years ago
7 0

Answer:

Answer:

Date     General Journal                Debit          Credit

a.           Cash                                 $70,000

                   Common stock                              $5,000

                   (5*100 shares * $10)

                   Additional paid - in - capital          $65,000

b.          No journal entry required       -                      -

c.           Cash                                  $18,000

                     Notes payable (long term)             $18,000

d.            Equipment                      $11,000

                      Cash                                                $1,500

                       Notes payable (Short term)          $9,500

e.             Notes receivable          $2,000

                       Cash                                                $2,000

f.              Store fixtures                $15,000  

                       Cash                                                 $15,000

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3 years ago
Which parameter of the marketing mix includes decisions on distribution channels?
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Answer:

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In accounting for a contingent liability, if the likelihood of the obligation is probable but the amount cannot be estimated, a
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6 0
3 years ago
Bottle Top, Inc. recently announced they will pay their first annual dividend next year in the amount of $0.75 a share. The divi
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Answer:

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2 years ago
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