The following transactions occurred in 2019 Transaction #1 CAdam Prokop, 2020, Not to be posted on Chegg. Coursehero, or anywhere on the internet The amount of inventory purchased on account was Transaction #2 e Adom Prokop, 2020, Not to be posted on Chegg. Coursera, or anywhere on the internet Sales over 2019 were for a total of 55% of the sales were in cash, the rest were in receivables 35% was the gross profit margin for the company $330,000 Adam Prokop 2020 Not to be posted on Chegg. Coursetiero, or anywhere on the internet $550,000 Adlon Prokop, 2020, Not to be posted on Chegg. Courselera or anywhere on the internet Adem Prokop, 2020, Not to be posted on Chegg. Coursehero, or anywhere on the internet Adem Prokop, 2020. Not to be posted on Chegg Coursera, or anywhere on the internet Transaction #3 Adom Prokop. 2020, Not te be posted on Chegg. Coursehero, or anywhere on the internet 25% of the receivables from transaction #2 were collected by the end of the year Adem Prokop 2020 Not to be posted on Chegg. Coursehero, or anywhere on the internet Transaction #4 C Adum Prokap, 2020, Not to be pasted on Chegg. Coursettero, or anywhere an the internet The amount of payables paid down was $165,000 Ado Prokop, 2020, Not to be posted on Chegg. counter, or anywhere on the internet Transaction #5 Adem Prokop 2020, Not to be posted on Chegg. Coursera, or anywhere on the internet The equipment has a useful life of 10 years and was already depreciated for two years by the end Adam Prokop, 2020, Not to be posted on Chegg. Coursehero, or anywhere on the internet of 2018. Straight-line depreciation is used and assume no salvage value. Adem Prokop, 2020, Not to be posted on Chegg Course Hero, or anywhere on the internet Transaction #6 D Adam Prokop, 2020, Not to be posted on Chegg. Coursera, or anywhere an the internet The long-term and short-term debt has an annual interest rate of 5% paid at the end of the year. D Atam Prokop, 2020, Not to be posted on Chegg. Courseler, or anywhere on the Internet O Adom Prokop, 2020, Not to be posted on Chegg. CourseHero, or anywhere on the internet 10% of the long-term debt will be paid off at the end of 2019. Transaction #7 Adium Prokop 2020. Not to be posted on Chegg. CourseHero, or anywhere on the internet A customer paid in advance for product that was selling for None of this product was delivered in 2019 $33,000 Adom Prokop. 2020 Not to be posted on Chegg. Coursettero, or anywhere on the internet Adem Prokop, 2020, Not to be posted on Chegg Course Hero, or anywhere on the internet Transaction #8 Adom Prokap, 2020, Not to be posted on Chegg. Coursera, or anywhere on the internet All of the prepaid rent was used up in 2019 Adam Prokop 2020 Mar to be posted on Chegg Coursehero, or anywhere on the internet Transaction #9 c Adam Prokop, 2020, Not to be posted on Chegg. Coursehero, or anywhere on the internet Selling, General, and Admin Expense was All expenses were paid in cash $88,000 Adem Prokop, 2020, Not to be posted on chegg Coursehero O Adam

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CAdam Prokop 2020 Not to be posted on Chegg Coursehero or anywhere on the internet The amount of inventory purchased on account was Transaction 2 e Ad... View the full answer