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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Transaction 2
The corporation quickly acquired $40,000 in inventory, 40% of which was paid for in cash. The rest was acquired on open accounts that were payable after 30 days.
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Cash
Accounts Recievable
Inventory
Prepaid Rent
Fixtures and Equipment
Accounts Payable
Interest Payable
Wages Payable
Notes Payable
Paid-In Capital
Retained Earnings
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Account: Dollar Amount:
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Account: Dollar Amount:
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Thank you for your help :)
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