Question: as many as you could explain would be great!! 27 28 29 Sold two more bikes to a local family. The total sales price was
27 28 29 Sold two more bikes to a local family. The total sales price was $5,000 plus tax of 5%. The customers paid in full with cash. TIP: Remember tax is charged and collected by the seller; however, the tax amount is "due to the appropriate governing body. A dividend in the amount of 10 cents (10) per share is declared. May have to revisit after Chapter 11. Received a bill for bike repair supplies that were used during the month. The total amount of the bill was $250. Review of the odometer on the truck shows that it was driven 2,000 miles during the month. Ben and Elon have decided to use the units of activity/production method for this asset. Record any needed depreciation for the truck. The building is to be depreciated using the straight-line depreciation method. Record the depreciation that is needed for the first month of ownership (assume an entire month even though the building was purchased on the 4th). e used during 30a 30b
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