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

as many as you could explain would be great!! as many as you could explain would be great!! 27 28 29

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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