Radio Moscow Industries purchased supplies for $1000. They paid$400 in cash and agreed to pay the balance in 30 days. The journalentry to record this transaction […]
At January 1 2014 Alligator Industries reported retainedearnings of $130000. During 2014 Alligator had a net loss of$30000 and paid dividends of $15000. At December 31 […]
On June 1 2014 Portugal Inc. reported a cash balance of$12000. During June Portugal made deposits of $3000 and madedisbursements totalling $14000. What is the cash […]