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Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
Edition 17ISBN: 978-0078025778Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
Edition 17ISBN: 978-0078025778 Exercise 31
During March, the activities of Evergreen Landscaping included the following transactions and events, among others. Which of these items represented expenses in March? Explain.
a. Purchased a copying machine for $2,750 cash.
b. Paid $ 192 for gasoline purchases for a delivery truck during March
c. Paid $2,280 salary to an employee for time worked during March.
d. Paid an attorney $560 for legal services rendered in January.
e. Declared and paid an $ 1,800 dividend to shareholders.
a. Purchased a copying machine for $2,750 cash.
b. Paid $ 192 for gasoline purchases for a delivery truck during March
c. Paid $2,280 salary to an employee for time worked during March.
d. Paid an attorney $560 for legal services rendered in January.
e. Declared and paid an $ 1,800 dividend to shareholders.
Explanation
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EXPENSES: The cost of the goods and serv...
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
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