13-2 Robert Rios Homework

13-2 Robert Rios Homework - Cr 3960 ((44,000/10)x$.90)...

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Robert Rios Exercise 13-12 Inventory of Premiums Dr 7920 (8800 x .90) Cash Cr 7920 Cash Dr 396,000 (120,000 x 3.30) Sales Cr 396,000 Premium Expense Dr 3960 Inventory of Premiums
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Unformatted text preview: Cr 3960 ((44,000/10)x$.90) Premium Expense Dr 2520 Liability for Premiums ((120,000x60%)-44000)/10x$.90) = 2520...
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This note was uploaded on 07/17/2011 for the course ECON 102 taught by Professor Rios during the Spring '11 term at Central Saint Martins.

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