ACC120 Final: sm02 Answers 4
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Unearned revenue : o"neill, capital , o"neill, drawings This assumes notes payable are repayable very quickly. Solutions manual 2-48 chapter 2 2016 john wiley & sons canada, ltd. July 31, 2017: o"neill, capital, august 1, 2016 ,340. 57,980: o"neill, capital, july 31, 2017 ,160 (b) Solutions manual 2-49 chapter 2 2016 john wiley & sons canada, ltd. Solutions manual 2-50 chapter 2 2016 john wiley & sons canada, ltd. Solutions manual 2-51 chapter 2 2016 john wiley & sons canada, ltd. Cash (,800+ [ 2]) ,720. Accounts payable (,500 + 400) : zelinski, capital , zelinski, drawings 3,650. Solutions manual 2-52 chapter 2 2016 john wiley & sons canada, ltd. No transaction at this point in time (see apr. 1 cash 12,800: dhaliwal, capital 12,800. Solutions manual 2-55 chapter 2 2016 john wiley & sons canada, ltd. The investment by the owner increases cash, an asset. Assets are on the left (or debit) side of the accounting equation.
