The accounting records of EZ Company provided the data below.
Net income $64,250
Depreciatio...
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Business, 19.04.2021 15:30 megandalolipop
The accounting records of EZ Company provided the data below.
Net income $64,250
Depreciation expense 13,750
Increase in inventory 4,875
Decrease in salaries payable 3,575
Decrease in accounts receivable 6,500
Amortization of patent 1,025
Amortization of premium on bonds 6,925
Increase in accounts payable 10,750
Cash dividends paid 19,500
Required:
Journalize the above entry.
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Answers: 3
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