P8-45A & 49B – Journal Entries (Music)

Financial Accounting

Thomas, Tietz, and Harrison

12th Edition

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Difficulty – Medium

Given the information on the music company for two years - prepare the journal entries.

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  • Search Terms: . dec mar may sep $, $,, $,. % (inventory) (learning , .% : : a accrued an and are at borrowed company during estimated expense, explanations following for in interest is journal. liability-related maturity. maturity. requirement music not note objective occurred of on one-year outstanding p-a. paid payable payable. piano purchased record required. sales signing six-month, smooth sounds sounds’ the transactions transactions) warranty which
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