After adjusting entries had been made, the balance sheets of Ramiro's Company showed the following asset and

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After adjusting entries had been made, the balance sheets of Ramiro's Company showed the following asset and liability amounts at the end of 2009 and 2010:


After adjusting entries had been made, the balance sheets of


The following amounts were taken from the 2010 income statement:
Insurance expense ....$3,800
Wages expense ...... 19,500
Fees earned ........ 8,900
Calculate the amount of cash paid for insurance and wages and the amount of cash received for fees during2010.

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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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