07 - 8/30/07 AP2 3 1. 2. 9/30/03 ASSETS Cash Beginning...

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8/30/07 AP2 – 3 1. 2. 9/30/03 ASSETS Cash Beginning Balance = $81,856 + - 4020 3400 2980 1020 1830 310 300 End Balance = $78,696 Beginning Balance = 289423 + - 4020 11230 End Balance = $296,633 Short Term Investments Beginning Balance = $0 + - 2980 End Balance = $2980 Intangibles Beginning Balance = $78939 + - 3400 End Balance = $82339 Other Assets
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Beginning Balance = $2944 + - 310 End Balance = $2639 LIABILITIES Long-Term Debt Beginning Balance = $10218 - + 9400 End Balance = $19618 Contributed Capital Beginning Balance = $76663 - + 1020 End Balance = $77683 Retained Earnings Beginning Balance = $461036 - + 300 End Balance = $460736 JOURNAL ENTRIES a. 9/30/03 Intangibles (+a) 3400 Cash (-a) 3400 b. 9/30/03 Cash (+a) 4020 Equipment (-a) 4020 c. 9/30/03 Short-Term Investments (+a) 2980 Cash (-a) 2980 d. 9/30/03 Cash (+a) 1020 Contributed Capital (-se) 1020 e. Not Applicable, no transaction took place f. 9/30/03 Equipment (+a) 11230 Cash (-a) 1830 Long Term Notes (+L) 9400 g. 9/30/03
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07 - 8/30/07 AP2 3 1. 2. 9/30/03 ASSETS Cash Beginning...

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