An inexperienced accountant made the following entries.In each case, the explanation to the entry is correct. 
Required:
Prepare the correcting journal entries.
Correct Answer:
Verified
Q94: You are organizing a Pub Night at
Q95: If management decided to create a
Q96: Hopewell's accounts receivable turnover ratio is 6.5,
Q97: The December 31, 2013, unadjusted trial
Q98: North Rustico Inc.'s average collection period for
Q99: St.John's Inc.reported accounts receivable on January 1,
Q100: High River Computing began operations on
Q101: Juan Gomez is a loans officer
Q102: On January 1, 2014, the balances in
Q104: In order to try to increase sales,
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