Question: Please solve as fast as possible Wease prepare the following Journal entries, independent of the other segments of this question: - Martinez Corporation, a private

Please solve as fast as possible Please solve as fast as possible Wease prepare the following Journal entries,
independent of the other segments of this question: - Martinez Corporation, a

Wease prepare the following Journal entries, independent of the other segments of this question: - Martinez Corporation, a private compacy following ASPE, uses a periodic imventory system, On July 1, Martinez purchased $51,000 of inventory, terms 2/10, n/30, fia.b. shipping po Int. Martinez paid freight costs of 51,600 . On July 3, Martinez returned damaged goods and recefived a crodit of $5,100. On July 10 , Martinez paid for the goods. Prepare alt the required journal entries to record these tranactions. - Sarasota Limited berrowed $45,600 on Movember 1,2020, by sigaing a $45,600, three-month, 106 note. Asume that Sarasota uses reversing entries. Prepare the 2021 journal entries for Sarasota. - Bridzeport Limited conducts all of its businessin a province with H5T of 13k. Prepare the wummary journal entry to record Bridgeport's sales for the month of July 2020 , during which customens purchased 551,302 of zoods on account and a journal entry for the cash purchase of furniture with a setling price of 52,599, for use in the office. Assume that the amounts are tax included. - Monty ink.'s weekiy payroil of $23,000 (fer Octobec 15,2020 ), included employee income taues withheld of $3,307, Canada Pension Plan (CPP) withheld of $990, and Employment. Insurance (Ei) witheld of 5460 . Presare the joumal entry to recoed Monty's weekiy payroll. - Jramble Magarine sold 15,900 annual wbscriptions co August 1, 2020 for 524 each. Prepare Bramble's August 1, 2020 joumat entry and the December 31,2020 annusi adjusting entry, asioning the magatines are published and detiered monthly - Metlock inci, a private company following ASpe is contemplating isuing 5200,000,5-year bond on January 1,2021 payieg 5x interest on a semi-annual basis every daruary 1 and Jily 1. Prepare the firsty ear journal entries for the bend issue and interest expenee assuming that the company uses straight-line amortization, a market interest rate of an and has a year end of December 31, 2021. - On September 15,2020 , the Baard of Directors of tvanhoe Company dectared a 25t per share cast dividend, payable on October 31 to sharetolders of record as of October 1 . On the cate of declaration, lvashoe Cenpesy had 209,000 cemmon shares outstanding, of which 20,000 were held in Treasury. On October 15 , 2020, the company issued an adaitiona. (5),000 common thares for 55 . 10 each, frepare ali the required journal entries to record these trarsactions. - Iridgeport Lid made four quarteriy payments of $3,300 each to the Receiver General for Canada during 2020 as instalment payments on its eatimated 2020 corporate tax Bability At vear end, Aridepart's controller completed the company's 2020 tax return, which showed income tax owitig of 528,300 on its 2020 income. Prepare the summary entry for the quarterly las instaiments and the year end adjuating entry to recosnize the 2020 income tax. Bridgeport Ltd. made four quarterly payments of $3,300 each to the Receiver General for Canac Prepare the summary entry for the quarterly tax instalments and the vear-end adinctino entry tn

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