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Title: Merchant Corporation provides plumbing services. Transactions of Merchant during the first year of ... Post by: H3Ko on Aug 28, 2016 Merchant Corporation provides plumbing services. Transactions of Merchant during the first year of operations are given below.
a) Received $12,000 cash and issued common stock to Sharon. b) Paid $1,600 cash for equipment to be used for plumbing repairs. c) Borrowed $14,000 from a local bank and deposited the money in the checking account. d) Paid $600 rent for the year. e) Purchased $200 of office supplies by cash. f) Completed a plumbing repair project for a local lawyer and received $3,000 cash. Calculate the amount of total liabilities at the end of the first year. A) $3,000 B) $12,000 C) $24,400 D) $14,000 Title: Re: Merchant Corporation provides plumbing services. Transactions of Merchant during the first year ... Post by: Mrgo-breed on Aug 28, 2016 Content hidden
Title: Re: Merchant Corporation provides plumbing services. Transactions of Merchant during the first year of ... Post by: H3Ko on Oct 12, 2016 I just realized you had posted this! Thanks so much
Title: Re: Merchant Corporation provides plumbing services. Transactions of Merchant during the first year of ... Post by: Mrgo-breed on Oct 16, 2016 I'm liking this :)
Title: Re: Merchant Corporation provides plumbing services. Transactions of Merchant during the first year ... Post by: juwwaaa on Feb 4, 2020 Thank you
Title: Re: Merchant Corporation provides plumbing services. Transactions of Merchant during the first year ... Post by: rabie besmar on Sep 20, 2020 thnk
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