effective tax rate is 30%. select "No Entry" for the account titles and enter O...

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Accounting

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effective tax rate is 30%. select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)

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                                                Williams                                               Roberts Cash                                      160,000                                                 50,000 Inventory                            550,000                                                 160,000 Equipment                          1,500,000                                             670,000       Totals                             2,210,000                                             880,000 Totals Liabilities 740,000 280,000 c/s $20 par                          600,000                                                 300,000 other contr cap                 375,000                                                 105,000 retained earnings             495,000                                                 195,000        totals                             2,210,000                                             880,000 inventory has a FMV of 170,000 for Roberts and the...

Accounting
Algebra