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The Lake Theater opened on April 1.All facilities were completed on March 31


P2-5A The Lake Theater is owned by Tony Carpino. All facilities were completed on March 31. At this time, the ledger showed: No. 101 Cash $6,000; No. 140 Land $10,000; No. 145 Buildings (concession

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P 2-5B The Quinn Theater, owned by Mike Quinn, will begin operations in March


P 2-5B The Quinn Theater, owned by Mike Quinn, will begin operations in March.The Quinn will be unique in that it will show only triple features of sequential theme movies. As of March 1, the le

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BE 3-2 Nunez Company accumulates the following adjustment data at December 31.


BE 3-2 Nunez Company accumulates the following adjustment data at December 31. Indicate (a) the type of adjustment (prepaid expense, accrued revenues and so on), and (b) the status of accounts

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BE 3-3 Windsor Advertising Company’s trial balance at December 31 shows Advertising Supplies $6,700


BE 3-3 Windsor Advertising Company’s trial balance at December 31 shows Advertising Supplies $6,700 and Advertising Supplies Expense $0. On December 31, there are $2,700 of supplie

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Click here to view BE 3-3 Windsor Advertising Company’s trial balance at December 31 shows Advertising Supplies $6,700
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BE 3-4 At the end of its first year, the trial balance of Denton Company shows Equipment


BE 3-4 At the end of its first year, the trial balance of Denton Company shows Equipment $30,000 and zero balances in Accumulated Depreciation—Equipment and Depreciation Expense. D

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BE 3-5 On July 1, 2010, Spahn Co. pays $18,000 to Randle Insurance Co.


BE 3-5 On July 1, 2010, Spahn Co. pays $18,000 to Randle Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Spahn Co., journali

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BE 3-6 Using the data in BE3-5, journalize and post the entry on July 1 and the adjusting entry on December 31


BE 3-6 Using the data in BE3-5, journalize and post the entry on July 1 and the adjusting entry on December 31 for Randle Insurance Co. Randle uses the accounts Unearned Insurance

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BE 3-7 The bookkeeper for Oglesby Company asks you to prepare the following accrued adjusting entries at December 31.


BE 3-7 The bookkeeper for Oglesby Company asks you to prepare the following accrued adjusting entries at December 31. ---- data skipped-----

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BE 3-8 The trial balance of Bair Company includes the following balance sheet accounts.


BE 3-8 The trial balance of Bair Company includes the following balance sheet accounts. Identify the accounts that may require adjustment. For each account that requires adjustment, indicate (a)

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The adjusted trial balance of Harmony Company at December 31, 2010,


BE3-9 The adjusted trial balance of Harmony Company at December 31, 2010, includes the following accounts: S. Harmony, Capital $15,600; S. Harmony, Drawing $6,000; Service Revenue $35,400; Salar

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