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  • MC 6 Acc PDF

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    Zarieq Hans
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    1) The document lists sales and purchases made by a company along with payment terms. Total sales amounted to $185,000 and purchases totaled $150,000. 2) It then records various accounting entries for October including recording sales, expenses, payment of accounts payable, and receipt of payment for accounts receivable. 3) The document ends by calculating net income for the month as $35,000.

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    1) The document lists sales and purchases made by a company along with payment terms. Total sales amounted to $185,000 and purchases totaled $150,000. 2) It then records various accounting entries for October including recording sales, expenses, payment of accounts payable, and receipt of payment for accounts receivable. 3) The document ends by calculating net income for the month as $35,000.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    19 views6 pages

    MC 6 Acc PDF

    Uploaded by

    Zarieq Hans
    1) The document lists sales and purchases made by a company along with payment terms. Total sales amounted to $185,000 and purchases totaled $150,000. 2) It then records various accounting entries for October including recording sales, expenses, payment of accounts payable, and receipt of payment for accounts receivable. 3) The document ends by calculating net income for the month as $35,000.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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