These Are Selected Transactions Of Sheridan Company Sheridan Prepares Financial Statements Quarterly Jan Feb Mar 31 1 (41.9 KiB) Viewed 18 times
These Are Selected Transactions Of Sheridan Company Sheridan Prepares Financial Statements Quarterly Jan Feb Mar 31 2 (29.33 KiB) Viewed 18 times
These Are Selected Transactions Of Sheridan Company Sheridan Prepares Financial Statements Quarterly Jan Feb Mar 31 3 (30.14 KiB) Viewed 18 times
These Are Selected Transactions Of Sheridan Company Sheridan Prepares Financial Statements Quarterly Jan Feb Mar 31 4 (30.83 KiB) Viewed 18 times
These are selected transactions of Sheridan Company. Sheridan prepares financial statements quarterly. Jan. Feb. Mar. 31 Oct. 2 Apr. July Sept. 30 Dec. 1 82 F 1 1 1 Dec. 31 Purchased merchandise on account from Nunez Company. $22,000, terms 3/10, n/30. (Sheric uses the perpetual inventory system.) Issued a 9%, 2-month, $22,000 note to Nunez in payment of account. Accrued interest for 2 months on Nunez note. Paid face value and interest on Nunez note. Purchased equipment from Marson Equipment paying $11,000 in cash and signing a 10%, 3-m Accrued interest for 3 months on Marson note. Paid face value and interest on Marson note. Borrowed $18,000 from the Paola Bank by issuing a 3-month, 8% note with a face value of $18 Recognized interest expense for 1 month on Paola Bank note. H a
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