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amounts, Credit accouat titles are / when anmount is entered. Do not infeent manoaly) Credit
CALCULATOR the amounts. Credit account titles are automatically in dented when the amount is entered. Do not inde...
CALCULATOR the amounts. Credit account titles are automatically in dented when the amount is entered. Do not indent manually Credit DateAccount Titles and Explanation No. Debit . June 1, 2017Prepaid Insurance Cash 1,080 2. Aug 31, 2017 [Prepaid Rent 6,450 6,450 Cash 3. Sept. 4, 2017Cash 3,870 3,870 Unearned Service Revenue 4. Nov. 30, 2017 Prepaid Cleaning 2,100 2,100 Cash 5. Dec. 5, 2017 [Cash 1,550 Unearned Service Revenue 1,550 Open Show Work Click if you would like to Show...
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent...
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Ivanhoe Company accepted a Visa card in payment of a $200 lunch bill. The bank charges a 3% fee. What entry should Ivanhoe make? (b) Metlock, Inc. sold its accounts receivable of $61,700. What entry should Metlock make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (a) (b)
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent ma...
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Crane Company accepted a Visa card in payment of a $300 lunch bill. The bank charges a 4% fee. What entry should Crane make? (b) Larkspur, Inc. sold its accounts receivable of $59,400. What entry should Larkspur make, given a service charge of 4% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (a) (b)
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent ma...
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Crane Company accepted a Visa card in payment of a $400 lunch bill. The bank charges a 3% fee. What entry should Crane make? (b) Larkspur, Inc. sold its accounts receivable of $64,500. What entry should Larkspur make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (b)
Journalize the closing entries. (Credit account titles are automatically indented when the amount is entered. Do...
Journalize the closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Credit Debit 7728 Nov. 30 Service Revenue Sales Revenue 6050 Income Summary 13778 (To close revenue accounts and other accounts with credit balances.) Nov. 30 Income Summary 10279 Sales Discounts 121 Cost of Goods Sold 4400 Rent Expense...
1. Journalize the transactions. (Credit account titles are automatically indented when amount is entered. Do not...
1. Journalize the transactions. (Credit account
titles are automatically indented when amount is entered. Do not
indent manually. Record journal entries in the order presented in
the problem. If no entry is required, select "No Entry" for the
account titles and enter 0 for the amounts.)
2. Post to the ledger accounts. (Post entries in the
order of journal entries presented in the previous
question.)
3.Prepare a trial balance on April 30, 2020.
Vera Ernst is a licensed dentist. During...
Prepare closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent...
Prepare closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts) No. Account Titles and Explanation Credit Cash Debit 1 Accounts Receivable Allowance for Doubtful Accounts (To close revenue accounts) 2. (To close expense accounts) 3. (To close net income / (loss)) Question 2 of 2 0.67/1 ili KINGBIRD GOLF CLUB, INC. Adjusted Trial Balance December 31,...
Record entries for the disposal under the following assumptions. (Credit account titles are automatically indented when...
Record entries for the disposal under the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) It was scrapped as having no value. (b) It was sold for $37,600. (c) It was sold for $18,900. No. Account Titles and Explanation Debit Credit (a)
Journalize the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not...
Journalize the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) No. Date Account Titles and Explanation Debit Credit 1. Nov. 30 Supplies Expense 4000 4000 Supplies 2. Nov. 30 3. Nov. 30 SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK...
Presented below are two independent transactions. (Credit account titles are automatically indented when amount is entered....
Presented below are two independent transactions.
(Credit account titles are automatically indented when
amount is entered. Do not indent manually.)
a.
Tony’s Restaurant accepted a
Visa card in payment of a $200 lunch bill. The bank charges a 2%
fee. What entry should Tony’s make?
b.
Marigold Company sold its
accounts receivable of $75,000. What entry should Marigold make,
given a service charge of 1% on the amount of receivables
sold?
Account Titles and Explanation
Debit
Credit
a.
b.
CALCULATOR the amounts. Credit account titles are automatically in dented when the amount is entered. Do not indent manually Credit DateAccount Titles and Explanation No. Debit . June 1, 2017Prepaid Insurance Cash 1,080 2. Aug 31, 2017 [Prepaid Rent 6,450 6,450 Cash 3. Sept. 4, 2017Cash 3,870 3,870 Unearned Service Revenue 4. Nov. 30, 2017 Prepaid Cleaning 2,100 2,100 Cash 5. Dec. 5, 2017 [Cash 1,550 Unearned Service Revenue 1,550 Open Show Work Click if you would like to Show...
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Ivanhoe Company accepted a Visa card in payment of a $200 lunch bill. The bank charges a 3% fee. What entry should Ivanhoe make? (b) Metlock, Inc. sold its accounts receivable of $61,700. What entry should Metlock make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (a) (b)
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Crane Company accepted a Visa card in payment of a $300 lunch bill. The bank charges a 4% fee. What entry should Crane make? (b) Larkspur, Inc. sold its accounts receivable of $59,400. What entry should Larkspur make, given a service charge of 4% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (a) (b)
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) Crane Company accepted a Visa card in payment of a $400 lunch bill. The bank charges a 3% fee. What entry should Crane make? (b) Larkspur, Inc. sold its accounts receivable of $64,500. What entry should Larkspur make, given a service charge of 3% on the amount of receivables sold? No. Account Titles and Explanation Debit Credit (b)
Journalize the closing entries. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Credit Debit 7728 Nov. 30 Service Revenue Sales Revenue 6050 Income Summary 13778 (To close revenue accounts and other accounts with credit balances.) Nov. 30 Income Summary 10279 Sales Discounts 121 Cost of Goods Sold 4400 Rent Expense...
1. Journalize the transactions. (Credit account
titles are automatically indented when amount is entered. Do not
indent manually. Record journal entries in the order presented in
the problem. If no entry is required, select "No Entry" for the
account titles and enter 0 for the amounts.)
2. Post to the ledger accounts. (Post entries in the
order of journal entries presented in the previous
question.)
3.Prepare a trial balance on April 30, 2020.
Vera Ernst is a licensed dentist. During...
Prepare closing entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts) No. Account Titles and Explanation Credit Cash Debit 1 Accounts Receivable Allowance for Doubtful Accounts (To close revenue accounts) 2. (To close expense accounts) 3. (To close net income / (loss)) Question 2 of 2 0.67/1 ili KINGBIRD GOLF CLUB, INC. Adjusted Trial Balance December 31,...
Record entries for the disposal under the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) It was scrapped as having no value. (b) It was sold for $37,600. (c) It was sold for $18,900. No. Account Titles and Explanation Debit Credit (a)
Journalize the adjusting entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter o for the amounts. Record journal entries in the order presented in the problem.) No. Date Account Titles and Explanation Debit Credit 1. Nov. 30 Supplies Expense 4000 4000 Supplies 2. Nov. 30 3. Nov. 30 SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK...
Presented below are two independent transactions.
(Credit account titles are automatically indented when
amount is entered. Do not indent manually.)
a.
Tony’s Restaurant accepted a
Visa card in payment of a $200 lunch bill. The bank charges a 2%
fee. What entry should Tony’s make?
b.
Marigold Company sold its
accounts receivable of $75,000. What entry should Marigold make,
given a service charge of 1% on the amount of receivables
sold?
Account Titles and Explanation
Debit
Credit
a.
b.
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