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10 Cards in this Set
- Front
- Back
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Gateway paid $X for expenses, $X incurred in January, 2005 and $X to cover the misc. payables outstanding as of 12/31/04
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Cash- A AP- L
Misc Exp (+E, -RE) Misc Payable (-L) Cash (-A) Operating |
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Gateway collected $X in cash from a customer for work previously preformed and billed
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Cash +A
AR -L operating |
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Gateway sold land for cash, resulting in a $X loss
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Cash +A
Loss (-SE) Land (-A) investing |
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Gateway purchased $x of supplies with cash
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Supplies +A
Cash -A |
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Gateway repaid $X in principle of the bond payable
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BP -L
Cash -A Financing |
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Gateway paid $X for employee wages
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Wage Expense E, -SE
Cash -A Operating |
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Gateway paid $X to a vendor for supplies previously purchased on credit in Dec. 2004
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AP -L
Cash -A operating |
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Gateway paid $X in interest: $X incurred in January, 2005 and $X to cover the amount owed as of 12/31/2004
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IP -L
IE (E, SE) Cash -A operating INVESTING=OPERATING! |
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Gateway complete $X of services for a customer. X% was recieved in cash; the remainder was billed.
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Cash +A
AR +L Revenue (R, SE) operating |
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Gateway purchased equitment for $X cash.
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PPE +A
Cash -A investing |
