Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 399 Weeks Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 27 Feb 2018 My Price 8.00

Cheyenne's Computer Services

Please solve this problem

Cheyenne Corp. is the new owner of Cheyenne's Comp

Show transcribed image text Cheyenne Corp. is the new owner of Cheyenne's Computer Services. At the end of July 2017, her first month of ownership, Cheyenne is trying to prepare monthly financial statements. She has the following information for the month. At July 31, Cheyenne owed employees $1,110 in salaries that the company will pay in August. On July 1, Cheyenne borrowed $21,000 from a local bank on a 10-year note. The annual interest rate is 8%. Service revenue unrecorded in July totaled $1,600. Prepare the adjusting entries needed at July 31, 2017. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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Maurice Tutor
(5)
Status NEW Posted 27 Feb 2018 10:02 PM My Price 8.00

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