The following transactions are July 2011 activities of Ben's Extreme Bowling Center owned by Ben Baxter, who
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BALANCE SHEET INCOME STATEMENT Owner's Net Transaction Assets Liabilities Eqt Revenues Expenses Income e. Paid $1,500 to plumbers for repairing a broken-1,500 NE,500NE 1,500,500 pipe in the restrooms in July f. Paid $2,000 for the June electricity bill (received and recorded as an expense at the end of June) Paid $5,475 to employees for work in July that will be paid in August. h. Received the July electricity bill for $2,500
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Transaction f Paid 2000 for the June electricity bill received and recorded as an expense at the e...View the full answer
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Related Book For
Principles Of Accounting
ISBN: 9780077300456
1st Edition
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton
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