Homework Answers
Answer:-
| Transaction | title | debit | credit |
| 7 | account receivable | 20000 | |
| Engineering fees earned | 20000 | ||
| 8 | office equipment | 1250 | |
| Accounts payable | 1250 | ||
| 9 | accounts receivable | 22000 | |
| Engineering fees earned | 22000 | ||
| 10 | equipment rental expense | 1601 | |
| Accounts payable | 1601 | ||
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o Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using...
Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the...
Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Prepaid Insurance (108), Office Equipment (163); Drafting Equipment (164), Building (170), Land (172), Accounts Payable (201), Notes Payable (250); J. Aracel, Capital (301): J. Aracel, Withdrawals (302), Engineering Fees Earned (402), Wages Expense (601), Equipment Rental Expense (602): Advertising Expense (603), and Repairs Expense (604). Show less View transaction list Journal entry worksheet ..... 7 8 9...
Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the...
Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106): Prepaid Insurance (108), Office Equipment (163). Drafting Equipment (164); Building (170); Land (172)Accounts Payable (201); Notes Payable (250). ). Aracel, Capital (301) 3. Aracel, Withdrawals (302), Engineering Fees Earned (402) Wages Expense (601): Equipment Rental Expense (602); Advertising Expense (603), and Repairs Expense (604). Show less View transaction list Journal entry worksheet 3 4 5 6 7...
Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the...
Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the following titles: Cash (101): Accounts Receivable (106): Prepaid Insurance (108), Office Equipment (163)Drafting Equipment (164), Building (170) Land (172): Accounts Payable (201), Notes Payable (250) 3. Aracel, Capital (301):). Aracel, Withdrawals (302), Engineering Fees Earned (402), Wages Expense (601): Equipment Rental Expense (602); Advertising Expense (603), and Repairs Expense (604). Show less OTAS View transaction list Journal entry worksheet 1 2 3 4 5...
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required...
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Oto Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Prepaid Insurance (108), Office Equipment (163): Drafting Equipment (164). Building (170); Land (172), Accounts Payable (201) Notes Payable (250) ). Aracel, Capital (301), . Aracel, Withdrawals (302), Engineering Fees Earned (402); Wages Expense (601), Equipment Rental Expense (602). Advertising Expense (603), and Repairs Expense (604)....
Problem 2-2A Preparing and posting journal entries; preparing a trial balance LO C3, 1 at Aracel...
Problem 2-2A Preparing and posting journal entries; preparing a trial balance LO C3, 1 at Aracel Engineering completed the following transactions in the month of June. a. Jenna Aracel, the owner, invested $230,000 cash, office equipment with a value of $9,200, and $71,000 of drafting equipment to launch the company b. The company purchased land worth $55,000 for an office by paying $7,000 cash and signing a long-term note payable for $48,000. c. The company purchased a portable building with...
Aracel Engineering completed the following transactions in the month of June. Jenna Aracel, the owner, invested...
Aracel Engineering completed the following transactions in the
month of June.
Jenna Aracel, the owner, invested $155,000 cash, office
equipment with a value of $7,100, and $73,000 of drafting equipment
to launch the company.
The company purchased land worth $55,000 for an office by
paying $7,500 cash and signing a long-term note payable for
$47,500.
The company purchased a portable building with $55,000 cash and
moved it onto the land acquired in b.
The company paid $2,800 cash for the...
a. Jenna Aracel, the owner, invested $235,000 cash, office equipment with a value of $5,200, and...
a. Jenna Aracel, the owner, invested $235,000 cash, office equipment with a value of $5,200, and $64,000 of drafting equipment to launch the company in exchange for common stock b. The company purchased land worth $59,000 for an office by paying $8,500 cash and signing a long-term note payable for $50,500. c. The company purchased a portable building with $53,000 cash and moved it onto the land acquired in b. d. The company paid $3,500 cash for the premium on...
Aracel Engineering completed the following transactions in the month of June. Jenna Aracel, the owner, invested...
Aracel Engineering completed the following transactions in the
month of June.
Jenna Aracel, the owner, invested $155,000 cash, office
equipment with a value of $7,100, and $73,000 of drafting equipment
to launch the company.
The company purchased land worth $55,000 for an office by
paying $7,500 cash and signing a long-term note payable for
$47,500.
The company purchased a portable building with $55,000 cash and
moved it onto the land acquired in b.
The company paid $2,800 cash for the...
Aracel Engineering completed the following transactions in the month of June. a. Jenna Aracel, the owner,...
Aracel Engineering completed the following transactions in the month of June. a. Jenna Aracel, the owner, invested $155,000 cash, office equipment with a value of $5,700, and $74,000 of drafting equipment to launch the company. b. The company purchased land worth $58,000 for an office by paying $7,900 cash and signing a long-term note payable for $50,100. c. The company purchased a portable building with $52,000 cash and moved it onto the land acquired in b. d. The company paid...
Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Prepaid Insurance (108), Office Equipment (163); Drafting Equipment (164), Building (170), Land (172), Accounts Payable (201), Notes Payable (250); J. Aracel, Capital (301): J. Aracel, Withdrawals (302), Engineering Fees Earned (402), Wages Expense (601), Equipment Rental Expense (602): Advertising Expense (603), and Repairs Expense (604). Show less View transaction list Journal entry worksheet ..... 7 8 9...
Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106): Prepaid Insurance (108), Office Equipment (163). Drafting Equipment (164); Building (170); Land (172)Accounts Payable (201); Notes Payable (250). ). Aracel, Capital (301) 3. Aracel, Withdrawals (302), Engineering Fees Earned (402) Wages Expense (601): Equipment Rental Expense (602); Advertising Expense (603), and Repairs Expense (604). Show less View transaction list Journal entry worksheet 3 4 5 6 7...
Required 1 Required 2 Required 3 Prepare general journal entries to record these transactions using the following titles: Cash (101): Accounts Receivable (106): Prepaid Insurance (108), Office Equipment (163)Drafting Equipment (164), Building (170) Land (172): Accounts Payable (201), Notes Payable (250) 3. Aracel, Capital (301):). Aracel, Withdrawals (302), Engineering Fees Earned (402), Wages Expense (601): Equipment Rental Expense (602); Advertising Expense (603), and Repairs Expense (604). Show less OTAS View transaction list Journal entry worksheet 1 2 3 4 5...
Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Oto Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Prepaid Insurance (108), Office Equipment (163): Drafting Equipment (164). Building (170); Land (172), Accounts Payable (201) Notes Payable (250) ). Aracel, Capital (301), . Aracel, Withdrawals (302), Engineering Fees Earned (402); Wages Expense (601), Equipment Rental Expense (602). Advertising Expense (603), and Repairs Expense (604)....
Problem 2-2A Preparing and posting journal entries; preparing a trial balance LO C3, 1 at Aracel Engineering completed the following transactions in the month of June. a. Jenna Aracel, the owner, invested $230,000 cash, office equipment with a value of $9,200, and $71,000 of drafting equipment to launch the company b. The company purchased land worth $55,000 for an office by paying $7,000 cash and signing a long-term note payable for $48,000. c. The company purchased a portable building with...
Aracel Engineering completed the following transactions in the
month of June.
Jenna Aracel, the owner, invested $155,000 cash, office
equipment with a value of $7,100, and $73,000 of drafting equipment
to launch the company.
The company purchased land worth $55,000 for an office by
paying $7,500 cash and signing a long-term note payable for
$47,500.
The company purchased a portable building with $55,000 cash and
moved it onto the land acquired in b.
The company paid $2,800 cash for the...
a. Jenna Aracel, the owner, invested $235,000 cash, office equipment with a value of $5,200, and $64,000 of drafting equipment to launch the company in exchange for common stock b. The company purchased land worth $59,000 for an office by paying $8,500 cash and signing a long-term note payable for $50,500. c. The company purchased a portable building with $53,000 cash and moved it onto the land acquired in b. d. The company paid $3,500 cash for the premium on...
Aracel Engineering completed the following transactions in the
month of June.
Jenna Aracel, the owner, invested $155,000 cash, office
equipment with a value of $7,100, and $73,000 of drafting equipment
to launch the company.
The company purchased land worth $55,000 for an office by
paying $7,500 cash and signing a long-term note payable for
$47,500.
The company purchased a portable building with $55,000 cash and
moved it onto the land acquired in b.
The company paid $2,800 cash for the...
Aracel Engineering completed the following transactions in the month of June. a. Jenna Aracel, the owner, invested $155,000 cash, office equipment with a value of $5,700, and $74,000 of drafting equipment to launch the company. b. The company purchased land worth $58,000 for an office by paying $7,900 cash and signing a long-term note payable for $50,100. c. The company purchased a portable building with $52,000 cash and moved it onto the land acquired in b. d. The company paid...
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