Solution manual for fundamental accounting principles 20th edition by wild

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Solution manual for fundamental accounting principles 20th edition by wild

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Mục lục

  • Chapter 1

    • Proprietorship Partnership Corporation

      • Cash received from customers $ 2,000

      • Add: Net income 9,000

        • B. Walk, Capital, Dec. 31, 2011 $15,000

          • Cash from operating activities $ 7,000

          • Net increase in cash 200

          • Problem 1-7A (60 minutes) Parts 1 and 2

          • For Year Ended December 31, 2011

            • Revenues $58,000

            • Add: Investments by owner 0

            • Net income 6,000

              • C. Tex, Capital, Dec. 31, 2011 $47,000

                • Cash used by operating activities $(4,000)

                • Net increase in cash $ 1,400

                • Problem 1-7B (60 minutes) Parts 1 and 2

                • Problem 1-9B (60 minutes) Parts 1 and 2

                • Excavating Equipment

                  • Cash $56,280 Accounts payable $ 5,120

                  • Part 4

                    • Total assets = Bank Loan + Owner investment

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