Entries by mary WAMBUGU

Given below question: Christina had a $12,000 gain on the sale of stock purchased three years ago, a $4,000 loss on selling stock she had only owned for 3 months,

Given below question: Christina had a $12,000 gain on the sale of stock purchased three years ago, a $4,000 loss on selling stock she had only owned for 3 months, a $5,000 loss on the sale of her personal use auto, and a $5,000 loss from the sale of land used in her business (owned […]

 

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Bravo pays its employee weekly ($1,250 for a five day work week) on Fridays for work completed during that week. May 31 is a Tuesday.

Bravo pays its employee weekly ($1,250 for a five day work week) on Fridays for work completed during that week. May 31 is a Tuesday. Use this information to prepare the compound General Journal entry (without explanation) for the required payroll payment on June 3, 2016. If no entry is required then write “No Entry […]

 

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