Sheffield Security Company provides security services. Selected transactions for Sheffield are presented below. Oct. 1 Invested...
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Homework Answers
Journal
| Date | Account title | Debit | Credit |
| October 1 | Cash | 63,000 | |
| Common stock | 63,000 | ||
| October 2 | No entry | ||
| October 4 | Rent expense | 2,000 | |
| Cash | 2,000 | ||
| October 7 | Equipment | 17,000 | |
| Cash | 3,900 | ||
| Accounts payable | 13,100 | ||
| October 8 | Advertising expense | 600 | |
| Cash | 600 | ||
| October 10 | Repair expense | 380 | |
| Accounts payable | 380 | ||
| October 12 | Accounts receivables | 3,400 | |
| Service revenue | 3,400 | ||
| October 16 | Supplies | 470 | |
| Accounts payable | 470 | ||
| October 21 | Accounts payable | 13,100 | |
| Cash | 13,100 | ||
| October 24 | Utilities expense | 128 | |
| Cash | 128 | ||
| October 27 | Cash | 3,400 | |
| Accounts receivable | 3,400 | ||
| October 31 | salaries and wages expense | 5,400 | |
| Cash | 5,400 |
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Sheffield Security Company provides security services. Selected
transactions for Sheffield are presented below.
Oct. 1
Invested...
Sheffield Security Company provides security services. Selected transactions for Sheffield are presented below. Oct. 1 Invested...
Sheffield Security Company provides security services. Selected
transactions for Sheffield are presented below.
Oct. 1
Invested $63,000 cash in the
business.
2
Hired part-time security
consultant. Salary will be $2,000 per month. First day of work will
be October 15.
4
Paid one month of rent for
building for $2,000.
7
Purchased equipment for $17,000,
paying $3,900 cash and the balance on account.
8
Paid $600 for advertising.
10
Received bill for equipment
repair cost of $380.
12
Provided security...
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Sheffield Security Company provides security services. Selected
transactions for Sheffield are presented below.
Oct. 1
Invested $63,000 cash in the
business.
2
Hired part-time security
consultant. Salary will be $2,000 per month. First day of work will
be October 15.
4
Paid one month of rent for
building for $2,000.
7
Purchased equipment for $17,000,
paying $3,900 cash and the balance on account.
8
Paid $600 for advertising.
10
Received bill for equipment
repair cost of $380.
12
Provided security...
Concord Security Company provides security services. Selected transactions for Concord are presented below. Oct. 1 Invested $66,000 cash in the business. 2 Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15, 4 Paid one month of rent for building for $2,000. 7 Purchased equipment for $15,000, paying $3,700 cash and the balance on account 8 Paid $400 for advertising. 10 Received bill for equipment repair cost of $320. 12 Provided security...
Pina Colada Corp. provides security services. Selected transactions for Pina Colada Corp. are presented below. Oct. 1 Issued common stock in exchange for $63,400 cash from investors. 2 Hired part-time security consultant. Salary will be $1,900 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $1,900 7 Purchased equipment for $17,300, paying $3,800 cash and the balance on account 8 Pald $500 for advertising. 10 Received bill for equipment repair...
Question 1 of 12 > -/5 Novak Corp provides security Services Selected transactions for Novak Corp are presented below. Oct. 1 2 4 7 10 12 Issued common stock in exchange for $62.000 cash from investors. Hired part-time security consultant. Salary will be $1.900 per month. First day of work will be October 15 Paid 1 month of rent for building for $1.900. Purchased equipment for $16.900, pay $3.800 cash and the balance on cout Paid $1.400 for advertising Received...
Exercise 3-18 (Part Level Submission) Whispering Winds Corp. provides security services. Selected transactions for Whispering Winds Corp. are presented below. Oct. 1 Issued common stock in exchange for $71,300 cash from investors. 2 Hired part-time security consultant. Salary will be $2,200 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $2,200. 7 Purchased equipment for $19,400, paying $4,300 cash and the balance on account. 8 Paid $500 for advertising. 10...
Oct. 1 2 4 7 8 Riverbed Corp provides security services. Selected transactions for Riverbed Corp are presented below. Issued common stock in exchange for $67,300 cash from investors. Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15. Paid 1 month of rent for building for $2,000. Purchased equipment for $18,400, paying $4,100 cash and the balance on account. Paid $1,700 for advertising. Received bill for equipment repair cost of $420....
View Policies Current Attempt in Progress The May transactions of Blue Spruce Corp. were as follows. May 4 7 8 9 Paid $750 due for supplies previously purchased on account. Performed advisory services on account for $7,150. Purchased supplies for $870 on account. Purchased equipment for $2.940 in cash. Paid employees $650 in cash. Received bill for equipment repairs of $830. Paid $1.270 for 12 months of insurance policy. Coverage begins June 1. 17 22 29 Journalize the transactions. (If...
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