Issued 79,000 shares of no par common stock for $452,000. Issued 9,000 shares of $10 par-value, 8%, preferred stock for $20,000.

1.  Issued 79,000 shares of no par common stock for $452,000.  

2. Issued 9,000 shares of $10 par-value, 8%, preferred stock for $20,000.  

3.  Signed a 5-year, 5%, note with the Bank One for $103,000.

4.  Paid $27,600 annual rent for office and warehouse space.

5.  Purchased $51,500 of office furniture and computer equipment. Paid 36% down and signed a 3-year unsecured note for the remainder. 

6. Purchased $907 supplies on account.

7. Paid $574 for freight and delivery on the office furniture. Paid $548, set-up charges for the computer equipment.

8. Received the supplies and discovered that $101 of the supplies did not match the invoice. The company returned the incorrect items, notified the supplier and recievd a credit on the store account.

9. Paid $16,446 for a full year of fire and liability insurance.

10. Paid 42% of the remaining supply invoices in time to take a 3% discount.

What willl The Cookie Company report for accounts payable in its January 31 balance sheet? (Round to the nearest $1)

Show more







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10