ONLY PART D The following events apply to Pearson Service Co. for Year 1, its...
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Accounting
ONLY PART D The following events apply to Pearson Service Co for Year its first year of operation: Received cash of $ from the issue of common stock. Performed $ worth of services on account. Paid $ cash for salaries expense. Purchased supplies for $ on account. Collected $ of accounts receivable. Paid $ of the accounts payable. Paid a $ dividend to the stockholders. Had $ of supplies on hand at the end of the period. Required a Record these events in general journal form. b Post the entries to Taccounts and determine the ending balance in each account. c Determine the amount of total assets at the end of Year d Determine the amount of net income for Year Answer is not complete. Complete this question by entering your answers in the tabs below. Determine the amount of net income for Year
ONLY PART D The following events apply to Pearson Service Co for Year its first year of operation:
Received cash of $ from the issue of common stock.
Performed $ worth of services on account.
Paid $ cash for salaries expense.
Purchased supplies for $ on account.
Collected $ of accounts receivable.
Paid $ of the accounts payable.
Paid a $ dividend to the stockholders.
Had $ of supplies on hand at the end of the period.
Required
a Record these events in general journal form.
b Post the entries to Taccounts and determine the ending balance in each account.
c Determine the amount of total assets at the end of Year
d Determine the amount of net income for Year
Answer is not complete.
Complete this question by entering your answers in the tabs below.
Determine the amount of net income for Year
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