V. Levy a prop tax of 90; expect to only collect 62 W. Place an order for goods of 79 X. The goods arrive but the price is 83 ( 2 entries) (x1 and x2) Y. At Jan 1, the state legislature says we can spend 400 during this upcoming year. Z. Receive a notice from the Fed govt that they will send us a gift of 2,000. ZZ. Fund Y decides to transfer $148 to us..

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Pepare entries for the following::
V. Levy a prop tax of 90; expect to only collect 62
W. Place an order for goods of 79
X. The goods arrive but the price is 83 ( 2 entries)( x1 and x2)
Y. At Jan 1, the state legislature says we can spend 400 during this upcoming year.
Z. Receive a notice from the Fed govt that they will send us a gift of 2,000.
ZZ. Fund Y decides to transfer $148 to us..
Transcribed Image Text:Pepare entries for the following:: V. Levy a prop tax of 90; expect to only collect 62 W. Place an order for goods of 79 X. The goods arrive but the price is 83 ( 2 entries)( x1 and x2) Y. At Jan 1, the state legislature says we can spend 400 during this upcoming year. Z. Receive a notice from the Fed govt that they will send us a gift of 2,000. ZZ. Fund Y decides to transfer $148 to us..
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