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Category > Management Posted 17 Feb 2018 My Price 6.00

Hollywood Theaters

Hollywood Theaters owns movie theaters in the shopping centers of a major metropolitan area. Its owner, James Stevens, engaged in the following business transactions:

Hollywood Theaters uses the following accounts: Cash; Supplies; Building; Accounts Payable; Notes Payable; James Stevens, Capital; James Stevens, Withdrawals; Sales Revenue; Salary Expense; Rent Expense; Property Tax Expense.

Required

Journalize each transaction of Hollywood Theaters as shown for April 1. Show all notations as follows:

Apr. 1 Cash (↑ asset; debit). . . . . . . . . . . . . . . . . . . . . . . . . 500,000

James Stevens, Capital (↑ equity; credit) . . 500,000

Answers

(5)
Status NEW Posted 17 Feb 2018 09:02 PM My Price 6.00

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