FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
6th Edition
ISBN: 9781618533111
Author: DYCKMAN
Publisher: Cambridge Business Publishers
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Chapter 3, Problem 38E

a.

To determine

Prepare entries using financial statement and journal entry to record customer deposits and its sale revenue.

b.

To determine

Prepare adjusting entry and journal entry to record inventory acquisition.

c.

To determine

Identify where to expect Mr. E to report its customer deposits. 

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