Accounting Unit 4

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Q The purpose of this assignment is to apply the concepts learned about corporations’ equity in this unit. All exercises and problems are in the textbook on the pages noted: E16.2 page 16-26 (10 points), E16.5 page 16-27 (10 points), E16.11 page 16-28 (10 points), P16.3 page 16-29 (15 points), P16.5 page 16-30 (25 points). Use MS Excel or Google sheets for your answers in proper accounting statement format, if required. Separate your answers by tabs. 70 Points CSLO 2, 3

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E16.2 page 16-26 Debit Credit 01-Jan-22 Debt Investments 40,000 Cash 40,000 31-Dec-22 Interest Receivable 3,600 Interest Revenue 3,600 01-Jan-23 Cash 3,600

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