May 1 | Cash | 4350 | |
Common Stock | 4350 | ||
May 3 | Equipment | 1055 | |
Accounts Payable | 1055 | ||
May 13 | Rent Expense | 394 | |
Cash | 394 | ||
May 21 | Accounts Receivable | 530 | |
Service Revenue | 530 |
Transactions for Cullumber Company for the month of May are presented below. Prepare journal entries for...
Transactions for Skysong Company for the month of May are presented below. Prepare journal entries for each of these transactions. (If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) May 1 B.D. invests $3,800 cash in exchange for common stock to start his welding business, Skysong Company....
Transactions for Cullumber Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,330 cash. 2 Buys equipment on account for $1,660. 3 Pays $890 to landlord for June rent. 12 Bills Wil Wheaton $600 for welding work done. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do...
Transactions for Blossom Company for the month of June are presented below June 1 Issues common stock to investors in exchange for $4,000 cash. 2 Buys equipment on account for $1,000 3 Pays $520 to landlord for June rent. 12 Bills Wil Wheaton $500 for welding work done. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do...
Transactions for Sheridan Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,890 cash 2 Buys equipment on account for $1.240. 3 Pays $670 to landlord for June rent. 12 Sends Wil Wheaton a bill for $880 after completing welding work Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is...
Brief Exercise 2-03 Transactions for the Marigold Company, which provides welding services, for the month of June are presented below. June 1 Marigold invests $4,900 cash in exchange for shares of common stock in a small welding business. 2 Purchases equipment on account for $1,460. 3 $770 cash is paid to landlord for June rent. 12 Bills P. Leonard $360 after completing welding work done on account. Journalize the transactions. (Credit account titles are automatically indented when the amount is...
Prepare the journal entries to record these transactions on Cullumber Company’s books using a periodic inventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) (a) On March 2, Cullumber Company purchased $886,000 of merchandise from Oriole Company, terms 3/10, n/30. (b) On March 6, Cullumber...
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Current Attempt in Progress Transactions for Blossom Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,940 cash. 2 Buys equipment on account for $1,060. 3 Pays $590 to landlord for June rent. 12 Bills Wil Wheaton $810 for welding work done. Journalize the transactions. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are auto problem.) Date Account...
Transactions for Oriole Company for the month of June are presented below. Issues common stock to investors in exchange for $5.090 cash Buys equipment on account for $1.650. Pays $880 to landlord for June rent. 12 Sends Wil Wheaton a bill for $570 after completing welding work June 1 2 3 Journalize the transactions. ( no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is...
Prepare the journal entries to record these transactions on Cullumber Company's books using a periodic inventory system. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) (a) (b) (c) On March 2, Cullumber Company purchased $939,500 of merchandise from Marin Company, terms 3/10, n/30. On March 6,...