The following tranactions occurred for Jones Company and recorded by the accountant, Paul Baxter. Jan. 2...
| The following tranactions occurred for Jones Company and recorded by the accountant, Paul Baxter. | ||||||
| Jan. 2 - The company issued $40,000 in common stock. . | ||||||
| Jan. 3 - The company receives $8,000 cash for fees earned from customer. | ||||||
| Jan. 4 - Paul invoices customer on account for $4,000 for fees earned. | ||||||
| Jan. 5 -The company recevices $300 from customer on their account. | ||||||
| Jan. 6 - Paul Purchased $100 of supplies on account. | ||||||
| Jan. 7 - The company paid dividends of $2,000 cash. | ||||||
| Journalize the transactions above. | ||||||
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The following tranactions occurred for Jones Company and recorded
by the accountant, Paul Baxter.
Jan. 2...
3 Problem 1 12 points 2 points each journal entry) 4 The following tranactions occurred for...
3 Problem 1 12 points 2 points each journal entry) 4 The following tranactions occurred for Jones Company and recorded by the accountant, Paul Baxter 5 Jan 2- The company issued $40,000 in common stock. 5 Jan 3 - The company receives $8,000 cash for fees earned from customer 7 Jan. 4. Paul invoices customer on account for $4,000 for fees earned. 3 Jan. 5. The company recevices $300 from customer on their account 2_Jan. 8Paul Purchased $100 of supplies...
need help with this: During 2021, the following transactions occurred: Jan. 1 Issued common stock in...
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need help with closing entries: During 2021, the following transactions occurred: Jan. 1 Issued common stock...
need help with closing entries: During 2021, the following transactions occurred: Jan. 1 Issued common stock in exchange for $20,000 cash. Jan. 31 Rent payment of $1,250 for January 2021, which was paid on December 1, 2020, expires Feb. 15 Purchased inventory on account for $80,000 (the perpetual inventory system is used). Mar. 1 Lent a supplier $24,000 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022. Apr. 1 Paid an...
Saveu Help Save The financial statements are automatically generated based on the journal entries recorded. Jan....
Saveu Help Save The financial statements are automatically generated based on the journal entries recorded. Jan. 1 Jeffrey Wilson, owner, invested $121,750 cash in the company in exchange for common stock. he company purchased office supplies for $1,950 cash. Jan. 3 The company purchased $16,050 of office equipment on credit. Jan. 4 The company received $16,900 cash as fees for services provided to a customer. Jan. 5 The company paid $16,050 cash to settle the payable for the office equipment...
Below is the chart of accounts for Myer company. Charts of Accounts 11. Cash 12. Accounts...
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Sheridan Company has an inexperienced accountant.
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Ricardo Construction began operations on December 1. In setting up its accounting procedures, the company decided...
Ricardo Construction began operations on December 1. In setting up its accounting procedures, the company decided to debit expense accounts when it prepays Its expenses and to credit revenue accounts when customers pay for services in advance. Prepare Journal entries for items a through d and the adjusting entries as of its December 31 perlod-end for items e through g. a. Supplies are purchased on December 1 for $2,000 cash. b. The company prepaid its Insurance premiums for $1,540 cash...
unadjusted Trial Balance need this put in cells **if you write this out on paper. please...
unadjusted Trial Balance
need this put in cells
**if you write this out on paper. please write
neatly**
Problem Section: Complete the accounting cycle for the period January 1 to February 28, 2018. We Do Taxes Company started operations as of January 1, 2018 and set up a small office in Edison to prepare tax returns and perform accounting services. Use the information to follow to journalize each transaction on the Journal Sheet. Jan 1 Contributed the following assets for...
3 Problem 1 12 points 2 points each journal entry) 4 The following tranactions occurred for Jones Company and recorded by the accountant, Paul Baxter 5 Jan 2- The company issued $40,000 in common stock. 5 Jan 3 - The company receives $8,000 cash for fees earned from customer 7 Jan. 4. Paul invoices customer on account for $4,000 for fees earned. 3 Jan. 5. The company recevices $300 from customer on their account 2_Jan. 8Paul Purchased $100 of supplies...
Saveu Help Save The financial statements are automatically generated based on the journal entries recorded. Jan. 1 Jeffrey Wilson, owner, invested $121,750 cash in the company in exchange for common stock. he company purchased office supplies for $1,950 cash. Jan. 3 The company purchased $16,050 of office equipment on credit. Jan. 4 The company received $16,900 cash as fees for services provided to a customer. Jan. 5 The company paid $16,050 cash to settle the payable for the office equipment...
Ricardo Construction began operations on December 1. In setting up its accounting procedures, the company decided to debit expense accounts when it prepays Its expenses and to credit revenue accounts when customers pay for services in advance. Prepare Journal entries for items a through d and the adjusting entries as of its December 31 perlod-end for items e through g. a. Supplies are purchased on December 1 for $2,000 cash. b. The company prepaid its Insurance premiums for $1,540 cash...
unadjusted Trial Balance
need this put in cells
**if you write this out on paper. please write
neatly**
Problem Section: Complete the accounting cycle for the period January 1 to February 28, 2018. We Do Taxes Company started operations as of January 1, 2018 and set up a small office in Edison to prepare tax returns and perform accounting services. Use the information to follow to journalize each transaction on the Journal Sheet. Jan 1 Contributed the following assets for...
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