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Question - On September 1, 2015, Richard started a small business called "Ricky Rock Wrestling for Fun". "Ricky Rock" offers a party package designed for active kids, teen and adults that want to learn and practice wrestling activities for fun by learning how to perform headlocks, leg scissors and other tricks.
The following transaction occurred during the first month of operations, please indicate how the adjusting journal entry (AJE) at the end of September should be recorded:
September Description Amount 30 Inventory of brochures and cards showed that two thirds of those acquired for $300 are still available (not used) $200
Techno Designs produces head covers for golf clubs. The company expects to generate a profit next year. It anticipates fixed manufacturing costs of $126,500 and fixed general and administrative expenses of $82,030 for the year. Variable manu..
Iris Beck is a licensed CPA. During the first month of operations of her business, the following events and transactions occurred. May 1 Beck invested $20,000 cash in her business.
mann inc. which owes doran co. 600000 in notes payable with accrued interest of 54000 is in financial difficulty. to
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