07 - AP3-4 Journal Entries a April 2007 Cash A $50,000...

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AP3-4 Journal Entries: a. April 2007 Cash (+A) $50,000 P.P.E (+A) $162,000 Contributed Capital (-A) 15,000 shares = $212,000 b. April 2007 P.P.E (+A) $42,000 Cash (-A) $21,000 Accounts Payable (+L) $21,000 c. April 2007 Accounts Receivable (+A) $15,260 Cash (-A) $15,260 d. April 2007 Cash (+A) $13,200 P.P.E. (-A) $13,200 e. April 2007 Cash (+A) $1,500 Unearned Revenue (+L) $1,500 f. April 2007 P.P.E. (+A) $3,210 Accounts Payable (+L) $3,210 g. April 2007 P.P.E. (+A) $840 Cash (-A) $840 h. April 2007 Cash (-A) $1,700 Accounts Payable (-L) $1,700 i. April 2007 Accounts Receivable (+A) $1,000 Unearned Revenue (+L) $1,000 j. April 2007 Cash (-A) $4,000 Accounts Payable (-L) $4,000 k. April 2007 Prepaid Expenses (+A) $3,600 Cash (-A) $3,600 l. April 2007 P.P.E (+A) $1,200 Accounts Payable (+L) $1,200 m. April 2007 Dividend (+SE) $500 Cash (-A) $500 1. 2.
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Assets: + Cash - a. $50,000 b. $21,000 d. $13,200 c. $15,260 e. $1,500 g. $840 h. $1,700 j. $4,000 k. $3,600 m. $500 Ending Balance: $17,800 + P.P.E. - a. $162,000 b. $42,000 f. $3,210 g. $840 l. $1,200 d. $13,200 Ending Balance: $196,050
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07 - AP3-4 Journal Entries a April 2007 Cash A $50,000...

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