en All Progress From the following list of independent events (a) state whether the transaction should be recorded or no
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en All Progress From the following list of independent events (a) state whether the transaction should be recorded or no
company pays $9.000 cash to purchase equipment at a bankruptcy sale. The equipment's fair value is $15,100, A Canadian company purchases equipment from a company in the United States and pays US$5,000 cash. It cost the company $6,300 Canadian to purchase the U.S.dollars from its bank. A company provides $3,900 of services to a customer on account. 3. $ 4 $ 5. A company hires a new chief executive officer, who will bring significant economic benefit to the company. The company agrees to pay the new executive officer $581,000 per year, A company signs a contract to provide $10.400 of services to a customer. The customer pays the company $3,300 cash at the time the contract is signed. The performance obligation required by the company has not been completed, $ e Textbook and Media 13C Mostly cloudy Que no
en All Progress From the following list of independent events (a) state whether the transaction should be recorded or not recorded in the accounting records and (b) If the transaction should be recorded indicate the amount. (Do not leave any answer field blank. Enter for amounts.) Transactions Accounting records Amount 1 2 A