Practice Data and Problems for Principles of Accounting (Classic Reprint) - Softcover

Kester, Roy Bernard

 
9781334407529: Practice Data and Problems for Principles of Accounting (Classic Reprint)

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Excerpt from Practice Data and Problems for Principles of Accounting<br/><br/>Cash, Accounts Receivable, as per schedule following, Notes Receivable, Desks and Tables, Inventory Bookcases and Filing Cabinets, Inventory, Sundry Office Supplies, Inventory, Rent prepaid, Insurance unexpired, Delivery Equip ment, Store Furniture and Fixtures Office Furniture and F ix tures, Good Will, The liabilities assumed were Accounts Payable, as per schedule following, Notes Payable Upon the guaranty of Jackson, Edwards, Hansen of the accounts and notes receivable taken over, the company assumed the contingent liability on notes receivable under discount amounting to Payment was made to Jackson, Edwards, Hansen by the cancellation of indebtedness on their subscription contracts in the amounts severally shown, and in cash for the balance, distributed in the ratio of their subscriptions.

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