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On january 1, 2019, brooks, inc., borrows $90,000 from a bank to purchase machinery. brooks signs a 5 percent installment note requiring four annual payments of principal plus interest. complete the necessary journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
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Business, 22.06.2019 19:30, michael1498
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Business, 22.06.2019 21:00, sofiaisabelaguozdpez
Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?
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On january 1, 2019, brooks, inc., borrows $90,000 from a bank to purchase machinery. brooks signs a...
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