Question

dates WP Discussions --/5 Conferences Question 5 View Policies Current Attempt in Progress Collaborations Account WileyPLUS S
31 Paid Jackie Mackenzie $1.910 cash for her personal use. Journalize the transactions. (Credit account titles are automatica
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Hi

Let me know in case you face any issue:

Naming convention of account title can be slightly different per question format: Solution: Credit Date Mar.05 Debit $ 10,940

Mar.26 $ 1,275 $ 1,275 Mar.29 $ 1,160 $ 1,160 Cash Accounts Receivable (To record the collection on account) Accounts payable

Add a comment
Know the answer?
Add Answer to:
dates WP Discussions --/5 Conferences Question 5 View Policies Current Attempt in Progress Collaborations Account WileyPLUS...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Question 5 View Policies Current Attempt in Progress Selected transactions for Ayayai, an interior decorator corporation,...

    Question 5 View Policies Current Attempt in Progress Selected transactions for Ayayai, an interior decorator corporation, in its first month of business, are as follows. 1. Issued stock to investors for $16,500 in cash. 2. Purchased used car for $10.200 cash for use in business. 3. Purchased supplies on account for $250. 4. Billed customers $3,790 for services performed. 5. Paid $130 cash for advertising at the start of the business. 6. Received $1,770 cash from customers billed in transaction...

  • Question 8 View Policies Current Attempt in Progress Selected transactions for Sarasota's Dog Care are as...

    Question 8 View Policies Current Attempt in Progress Selected transactions for Sarasota's Dog Care are as follows during the month of March. March 1 Paid monthly rent of $1,250. 3 Performed services for $150 on account. 5 Performed services for cash of $80. 8 Purchased equipment for $625. The company paid cash of $85 and the balance was on account. 12 Received cash from customers billed on March 3. 14 Paid wages to employees of $545. 22 Paid utilities of...

  • Journalize the July transactions Question 4 View Policies Current Attempt in Progress Sandhill Clark opened Sandhill's...

    Journalize the July transactions Question 4 View Policies Current Attempt in Progress Sandhill Clark opened Sandhill's Cleaning Service on July 1, 2020. During July, the following transactions were completed. port July 1 Sandhill invested $19,900 cash in the business. 1 Purchased used truck for $9.100, paying $4,200 cash and the balance on account. 3 Purchased cleaning supplies for $2,300 on account. 5 Paid $1,800 cash on 1-year insurance policy effective July 1. 12 Billed customers $4.600 for cleaning services. 18...

  • Question 6 View Policies Current Attempt in Progress At the end of September 2021, total owner's...

    Question 6 View Policies Current Attempt in Progress At the end of September 2021, total owner's equity for Beaulieu Group Company was $7.935. During October, the following transactions occurred: 1. Provided services to a client and received $1.830 cash. 2. Paid $1,050 for October's rent. 3. Purchased $405 of supplies on account. 4. Provided services to a client and billed the client $2,080. 5. Collected $755 from the client billed in transaction 4 6. Received $8,235 cash from a client...

  • Question 4 View Policies Current Attempt in Progress Culver Repair Shop had the following transactions during...

    Question 4 View Policies Current Attempt in Progress Culver Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. Of no entry is required se manually Invested $12,590 cash and $2.450 of equipment in the business. 7 Purchased supplies on account for $520. (Debit asset account.) 12 Performed services for clients, for which $1,180 was collected in cash and 5646 was billed to the clients. 15 Paid August rent $589. 19 Counted...

  • In-Person Midterm - September 17th - 10:30-11:55 am Question 8 of 14 View Policies Current Attempt...

    In-Person Midterm - September 17th - 10:30-11:55 am Question 8 of 14 View Policies Current Attempt in Progress Selected transactions for M. Vaughn, an interior decorator, in her first month of business, are as follo 11 Jan. 2 Invested $12,800 cash in business. 3 Purchased used car for $3,840 cash for use in business. 9 Purchased supplies on account for $640. Billed customers $3,072 for services performed. 16 Paid $448 cash for advertising. 20 Received $896 cash from customers billed...

  • Question 4 of 6 -/S View Policies Current Attempt in Progress On April 1, Larkspur, Inc....

    Question 4 of 6 -/S View Policies Current Attempt in Progress On April 1, Larkspur, Inc. began operations. The following transactions were completed during the month 1 2. 3. 4 5. 6 7 Issued common stock for $18.200 cash Obtained a bank loan for $5,300 by issuing a note payable. Paid $8,400 cash to buy equipment Paid $900 cash for April othcerent. Paid $1.100 for supplies. Purchased $460 of advertising in the Daily Herold, on account. Performed services for $13,700:...

  • Question 1 ting View Policies Current Attempt in Progress Selected transactions for L. Takemoto, an interior...

    Question 1 ting View Policies Current Attempt in Progress Selected transactions for L. Takemoto, an interior decorating firm, in its first month of business are as follows. upport Jan. 2 Stockholders invested $15.000 cash in the business in exchange for common stock 3 Purchased used car for $8.200 cash for use in the business 9 Purchased supplies on account for $500. 11 Billed customers $1.800 for services performed. 16 Paid $200 cash for advertising 20 Received $780 cash from customers...

  • Question 8 View Policies Current Attempt in Progress Tamarisk Club Miniature Golf and Driving Range was...

    Question 8 View Policies Current Attempt in Progress Tamarisk Club Miniature Golf and Driving Range was opened on May 1. The following events and transactions are for May May! Amin Mawan, the owner, invested $78.800 cash in the business Purchased Lee's Golf Land for $270.500. The price consists of land, $125,000: building $96,000, and equipment, $49,500. Paid $52.500 cash and signed a note payable for the balance • Purchased golf clubs and other equipment for $15.000 from Woods Company on...

  • Question 7 --/1 View Policies Current Attempt in Progress Marigold Corp., opened an incorporated dental practice...

    Question 7 --/1 View Policies Current Attempt in Progress Marigold Corp., opened an incorporated dental practice on January 1, 2022. During the first month of operations, the following transactions occurred. 1. Performed services for patients who had dental plan insurance. At January 31, $890 of such services was completed but not yet billed to the insurance companies. 2. Utility expenses incurred but not paid prior to January 31 totaled $670. 3. Purchased dental equipment on January 1 for $85,500, paying...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT