Ch14_e14 - Wheaton, Jones, and Dun General Journal Trans....

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Fundamental Accounting Principles Student Name: Eleventh Canadian Edition, by Larson, Jensen, Carroll Class: SPATS Exercise 14-14 Press F5, enter a cell reference, and click on <OK> to go to one of the following data entry areas: REPORT REFERENCEPRINT AREA Schedule M1 M6:V30 General Journal X1 X6:AB30 Given Data AE1
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REPORT REFERENCE General Journal V1 Given Data AE1 0 0 SPATS Exercise 14-14 Wheaton, Jones, and Dun Allocation Schedule Acc. Amort. Cash Building Building Land Account balances prior to liquidation $46,000 $206,000 $120,000 $52,000
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REPORT REFERENCE Schedule M1 Given Data AE1 0 0 SPATS Exercise 14-14
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Unformatted text preview: Wheaton, Jones, and Dun General Journal Trans. Accounts Wheaton Jones Dun Date Accounno. Debit Credit Payable Capital Capital Capital $32,000 $79,000 $(13,000) $86,000 Given Data: Wheaton, Jones, and Dun Acc. Amort. Accounts Wheaton Cash Building Building Land Payable Capital Account balances prior to liquidation $46,000 $206,000 $120,000 $52,000 $32,000 $79,000 Land and building were sold for $170,000 and the partners share any income (loss) according to their income(loss) ratio. Jones Dun Capital Capital $(13,000) $86,000...
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This note was uploaded on 08/22/2009 for the course ACCT 1202 taught by Professor Carmendima during the Winter '06 term at Niagara College.

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Ch14_e14 - Wheaton, Jones, and Dun General Journal Trans....

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