Cash float” would be which type of account? a.Expense b.Current asset c.Proprietary d.Fixed asset e.Current liability

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A: Following is the journal entries for  1. Purchase of merchandise  2. Return of merchandise  3.…

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A: According to the given question, we are required to prepare Journal entries in the books of…

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A: According to the given question, we need to compute the cash balance as of December 31, 20x1.  We…

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A: Trade and Other Receivables - Trade Receivable is the amount due from the customer. Customer to…

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A: Accrued Expense is an expense which is incurred but not paid yet. It is treated as liability.

Q: net tax payable

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A: Given that, Ordinary operating income (loss) of ; Corporation T = $(200,000)  Corporation P =…

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A: Hi student Since there are multiple questions, we will answer only first question. Financial…

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A: Non Interest bearing note is a type of note which has no stated interest.

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A: