oct9 - 400000 Cash 192000 Finance Charge 8000 Note 200000 b...

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Michael McCormick ACG 3103 E7-12 1-Jul Account Receivable 8820      Sale Revenue 8820 5-Jul Cash 9810 Without recourse page. 334      financing charge 810      Account Receivable 9000 9-Jul AR Assigned 9000     Account Receivable 9000 9-Jul cash 5640 Finance charges 360      Note 6000 29-Dec cash 900 Account Receivable 180     Sales Discounts         forfeited 180 Bad Debt Expense 8100      Allowance for            Doubtful Accounts 9000   E7-18 1 Note(12%) 1101460      Land 590000      Discount 401460      Gain on Sale 110000 2 Note 400000      Discount on Note 238447      Service Revenue 161553 E7-13 a AR Assigned 400000        Account Receivable
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Unformatted text preview: 400000 Cash 192000 Finance Charge 8000 Note 200000 b Cash 350000 AR Assigned 350000 Note 200000 c. Cash 202198 Michael McCormick ACG 3103 Interest Expense 2198 Account Receivable 50000 AR Assigned 50000 Office Expense 37.25 E7-23 cash under 18.75 Draw 170 (note Expense only if relates to business) Cash 226 E7-25 a. $10,857 b Michael McCormick ACG 3103 P7-3 a. 100000 b Accounts Receivable 555000 Allowance for Doubtful Accounts 100000 455000 c Bad Debt Expense 65000...
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oct9 - 400000 Cash 192000 Finance Charge 8000 Note 200000 b...

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