Team Gaming completed the following transactions during 2025: Journalize the transactions (explanations are not required). Round to
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Team Gaming completed the following transactions during 2025:
Journalize the transactions (explanations are not required). Round to the nearest dollar.
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Oct. 1 Nov. 15 Dec. 31 Sold a six-month subscription (starting on November 1), collecting cash of $330, plus sales tax of 9%. Remitted (paid) the sales tax to the state of Tennessee. Made the necessary adjustment at year-end to record the amount of subscription revenue earned during the year.
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January 1 2025 Invested 15000 cash in the business Debit Cash 15000 Credit Common Stock ...View the full answer
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Deepak Sharma
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Related Book For
Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780137858651
8th Edition
Authors: Tracie Miller Nobles, Brenda Mattison
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