Frontier Sports sells hunting and fishing equipment and provides guided hunting and fishing trips. Frontier Sports is
Question:
Entities___________________________
F ....... Frontier Sports
B ....... First Bank Trust Fund
S ....... Blue Sky Boutique
X ....... None of the above
1. Wally paid a breeder's fee for an English springer spaniel to be used as a hunting guide dog.
2. Helen paid her dues to the YWCA.
3. Helen purchased two dozen spring dresses from a Denver designer for a special spring sale.
4. Helen deposited a $3,500 personal check in the trust fund at First Bank.
5. Wally paid for an advertisement in a hunters' magazine.
6. Helen authorized the trust fund to purchase mutual fund shares.
7. Wally paid for dinner and a movie to celebrate their tenth wedding anniversary.
8. Helen donated several dresses from inventory for a local charity auction for the benefit of a women's abuse shelter.
9. Wally received a cash advance from customers for a guided hunting trip.
10. Wally paid a local doctor for his annual physical, which was required by the workmen's compensation insurance policy carried by Frontier Sports.
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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