Business
Business, 17.12.2019 03:31, jaylen2559

Posting transactions to t-accounts during the year, the decker company experienced the following accounting transactions: 1. issued common stock in the amount of $200,000 2. paid a $60,000 cash dividend 3. borrowed $50,000 from a bank 4. made a principal payment of $5,000 on an outstanding bank loan 5. made an interest payment of $2,400 on an outstanding bank loan prepare journal entries and post your transaction analysis to the appropriate t-accounts. when posting the journal entries to the t-accounts, enter them in order. for expenses and dividends, use "retained earnings" as the account.

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Posting transactions to t-accounts during the year, the decker company experienced the following acc...

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