N-CAPA PROBLEMS... PROBLEM FINANCIAL ... transaction 1 Transaction On March 1, the three classmates opened a checking account for The Wire at a local bank. They each deposited $24,000 in exchange for shares of stock. A few of their friends who purchased stock for $15,000 the was deposited in The Wire account Account: Dollar amount Account: Dollar amount Account: Dollar amount Account: Dollar amount: Account: Dollar amount Anu Tries 0/5 Transaction 2 The company quickly acquired $45,000 in Inventory, 50% of which was acquired on open accounts that were payable after 30 days. The rest was paid for in cash. Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: A one-year store rental lease was signed on March 1 for $1,000 per month and rent for the first 2 months was paid in advance adjusting entry on March 31 second] Hotel Record the complete entry for the March 1 transaction first and the com Account: Dollar amount Account: Dollar amount Account Dollar amounti Account: Dollar amounti Account: Dollar amount Suami Answer Thes 0/5 Transactions The owners paid $3.500 for went advertising They were able to get a good deal because one of the company's owners in local newspapers. Notes Combine both transactions into one entry) own wock in the website company. The owners le pad 7,000 for some are Account: Dollar amount: Account: Dollar amount Dollar amount: Accounti Account: Dollar amount: Dollar amount: Account: Thes /S Sales were $80,000. Cost of merchandise sold was 75% of sales 65% of sales were on open Account: Dollar amount: count. [Hotel Record the complete entry for the sales first and the complete entry for the expenses second] Account: Dellar amount: Account: Dollar amount Dollar amount: ACCON Dollar amount Account: Dollar amount: SubArThes 0/5 Transaction 6 Wages and salaries in March were $10,600, of which $8,800 was actually paid to employees. Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Submit Answer Tries 0/5 Miscellaneous expenses were $1,700, all paid for with cash. Account: Dollar amount: Account: > Dollar amount: Account: Dollar amount: Account: Submit Answer Dollar amount: Tries 0/5 transactions On March 1, factures and equipment were purchased for $4,000 with a downpayment of $2.000 and $2.000 note, payable in one year resto r e the fe of the foxtures and equipment is 11 years with no expected salvage value Note Record the complete entry for the March 1 equipment purchase at the March 31 depreciation March 31 interest adjusting entry third. Also, round all answers to the nearest cent.) entry and the Account: Dollar amount Account: Dollar amount Account: Dollar amount: Account: Dollar amount Account Dollar amount Dollar amount Account: Dollar amount Account Dollar amount Account: Transaction 9 Cash dividends totaling $3,000 were paid to stockholders on March 31. Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount