Business, 05.06.2020 18:57 NetherisIsTheQueen

Smith Law Firm specializes in the preparation of wills for estate planning. On October 1, 2021, the company begins operations by issuing stock for $11,000 and obtaining a loan from a local bank for $22,000. By the end of 2021, the company provides will preparation services of $29,000 cash and pays employee salaries of $20,000. In addition, Smith pays $1,700 in cash dividends to stockholders on December 31, 2021.

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Smith Law Firm specializes in the preparation of wills for estate planning. On October 1, 2021, the...

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