Question: Janzen Yard Works received the following during October September utility

Janzen Yard Works received the following during October: September utility bill of $325.67; October equipment purchases, $2,745; September telephone bill, $168.25; new loan statement documenting a $500 principal payment per month for the next 48 months starting in November; quote for office renovations, $3,800; cash deposits from customers, $5,800.
How should these amounts be reported on the financial statements?

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  • CreatedSeptember 15, 2015
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