Organization Costs S&W Plumbing decided to incorporate and has incurred the following costs of organizing: Incorporation fees $ 400 Attorneys' fees 4,200 Promotion expenses 5,300 Prepare the entry for the payment of these organization costs for cash on January 31. Page: DATE ACCOUNT TITLE DOC. POST. DEBIT CREDIT NO. REF. 20-- Jan. 31 2. 3.
Organization Costs S&W Plumbing decided to incorporate and has incurred the following costs of organizing: Incorporation fees $ 400 Attorneys' fees 4,200 Promotion expenses 5,300 Prepare the entry for the payment of these organization costs for cash on January 31. Page: DATE ACCOUNT TITLE DOC. POST. DEBIT CREDIT NO. REF. 20-- Jan. 31 2. 3.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Organization Costs
S&W Plumbing decided to incorporate and has incurred the following costs of organizing:
Incorporation fees
$ 400
Attorneys' fees
4,200
Promotion expenses
5,300
Prepare the entry for the payment of these organization costs for cash on January 31.
Page:
DOC. POST.
NO. REF.
DATE
ACCOUNT TITLE
DEBIT CREDIT
20--
1
Jan. 31
1
3
3
hp"
Transcribed Image Text:ing and learning resource from Cengage Leaming - Google Chrome
takeAssignment/takeAssignmentMain.do?invoker=&ttakeAssignmentSessionLocator=8inprogress%3false
еВook
Organization Costs
S&W Plumbing decided to incorporate and has incurred the following costs of organizing:
Incorporation fees
$ 400
Attorneys' fees
4,200
Promotion expenses
5,300
Prepare the entry for the payment of these organization costs for cash on January 31.
Page:
DOC. POST.
NO. REF.
DATE
ACCOUNT TITLE
DEBIT CREDIT
20--
1
Jan. 31
1
3
3
hp
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