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FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Prepare a tabuler Analysis on March March , ticket She Spent $20 on lottopy 2)on March 7, She won 290,o0 in the and immedistlyy quit her ottery job as a junior lawyer 3on Marchlo, She decided to open her Taw prxtice, and deposited los,o00 oK her Winnings in a business chequeing account. own 4 on March 4, She purchased a neuw luxay condominium with a 'downpayment of s0,000 From her persunnel Funds plus Home ntge mactgage Of 230,000 3)on March 15, She Signed a rental areenent For her lauw Office Space For 2,500a month starding March Is. She paid the first mon Ths rent, as it is due on the isth of each month 6)on March 20, She purchised equipment Tor her law practice From a compány That had just declared bankrupty. The equipmont waS worth at least 1S, 000 Bet Inita wAS able to g000 buy it For )on March 21, She purchèsed 250 of supplies only on account 8/on March 24, she purchased an additional 6,o00 Of equipment For her law prectice pre due in le ter 2,500 plus ĕ 3,500 note monts
Transcribed Image Text:Prepare a tabuler Analysis on March March , ticket She Spent $20 on lottopy 2)on March 7, She won 290,o0 in the and immedistlyy quit her ottery job as a junior lawyer 3on Marchlo, She decided to open her Taw prxtice, and deposited los,o00 oK her Winnings in a business chequeing account. own 4 on March 4, She purchased a neuw luxay condominium with a 'downpayment of s0,000 From her persunnel Funds plus Home ntge mactgage Of 230,000 3)on March 15, She Signed a rental areenent For her lauw Office Space For 2,500a month starding March Is. She paid the first mon Ths rent, as it is due on the isth of each month 6)on March 20, She purchised equipment Tor her law practice From a compány That had just declared bankrupty. The equipmont waS worth at least 1S, 000 Bet Inita wAS able to g000 buy it For )on March 21, She purchèsed 250 of supplies only on account 8/on March 24, she purchased an additional 6,o00 Of equipment For her law prectice pre due in le ter 2,500 plus ĕ 3,500 note monts
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