A66 Discussion Questions and Critical Thinking/Ethical Case A B C D E...

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Accounting

A66
Discussion Questions and Critical Thinking/Ethical Case
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We will use unusually small numbers to simplify the calculations and to emphasize the theory.
2022
Jan. 2 Rolo Kern invested $1,200 cash and $100 worth of office equipment to open Rolo Ca
2 Paid rent for three months in advance, $300.
3 Purchased office equipment on account, $50.
4 Bought office supplies for cash, $40.
8 Collected $400 for services rendered.
11 Rolo paid his home electric bill from the company bank account, $20.
14 Provided $100 worth of services to clients who will not pay until next month.
15 Paid salarics, $60.
18 Advertising bill for 570 was, received but will not be paid until next month.
5.1-27 Full Alternative Text
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