1) PLEASE FIND ANSWER FOR RED BOXES
2)
3)
1) Missouri Gaming Co.
DATE | DESCRIPTION | POST. REF. | DEBIT | CREDIT | |
11 | Aug. 26 | Cash | 51540.30 | ||
12 | Accounts receivable-Karie Platt | 50904.00 | |||
13 | Interest revenue ($50904 x 5% x 90/360) | 636.30 | |||
14 | Oct. 22 | Allowance for doubtful accounts | 46585.00 | ||
15 | Accounts receivable-Jon Kelly | 46585.00 |
Per HOMEWORKLIB RULES the first question has been answered. Please post each of the remaining independent questions separately. Thank you.
1) PLEASE FIND ANSWER FOR RED BOXES 2) 3) 29 Mar. Apr. May 30 28 29...
The following were selected from among the transactions completed by Caldemeyer Co. during the current year. Caldemeyer Co. sells and installs home and business security systems. Jan. 3. Loaned $18,000 cash to Trina Gelhaus, receiving a 90-day, 8% note. Feb. 10. Sold merchandise on account to Bradford & Co., $24,000. The cost of the merchandise sold was $14,400. 13. Sold merchandise on account to Dry Creek Co., $60,000. The cost of merchandise sold was $54,000. Mar. 12. Accepted a 60-day, 7% note for $24,000...
ales and notes receivable transactions Chart of Accounts Journal Instructions The following were selected from among the transactions completed by Caldemeyer Co. during the current year Caldemeyer sells and installs home and business security systems Jan 3 Loaned $18,000 cash to Trina Gelhaus, receiving a 90-day, 8 % note Feb 10 Sold merchandise on account to Bradford & Co, $24,000. The cost of the goods sold was $14,400 Sold merchandise on account to Dry Creek Co, $60,000 The cost of...
Do journal and the are pictures of account types for journal chart are last two photos 11 LL LLLUE Udidacions instructions Chart of Accounts Journal Instructions The following were selected from among the transactions completed by Caldemeyer Co. during the current year. Caldemeyer Co. sells and installs home and business security systems Jan. 3. Feb. 10 13 Mar. 12 14 Apr. 3 Loaned $18,000 cash to Trina Gelhaus, receiving a 90-day, 8% note. Sold merchandise on account to Bradford &...
3) Journalize the following transactions in the accounts of Simmons Company: (1 1/2pts each) Mar. 1 Received a $60,000, 60-day, 6% note dated March 1 from Bynum Company on account. Mar. 18 Received a $25,000, 60-day, 9% note dated March 18 from Solo Company on account. Apr. 30 The note dated March 1 from Bynum Company is dishonored, and the customer's account is charged for the note, including interest. May 17 The note dated March 18 from Solo Company is...
433 Chapter 9 Receivables EX 9-24 Entries for receipt and dishonor of notes receivable Journalize the following transactions in the accounts the following transactions in the flamba Co., which ope riverboat casino: Mar. 1. Received an $80.000 60 day 626 note dated March 1 from Tomeka te dated March 1 from Tomekia Co, on account. 18. Received a $75,000, 60-day, 8% note dated March 18 from Mystic Co. on account. Apr. 30. The note dated March 1 from Tomekia Co....
Journalize the following transactions in the accounts of Safari Games Co., which operates a riverboat casino. Assume 360 days in a year. For a compound transaction, if an amount box does not require an entry, leave it blank. Round final answers to the nearest cent when necessary. Apr. 18. Received a $21,600, 60-day, 10% note dated April 18 from Glenn Cross on account. 30. Received a $37,200, 60-day, 6% note dated April 30 from Rhoni Melville on account. May 18....
Lunga NUWV2 online teaching and learning resource from Cangage Leaming Book * Show Me How Calculator Print Item Entries for Receipt and Dishonor of Notes Receivable Journalize the following transactions in the accounts of Safari Games Co., which operates a riverboat casino. Assume 360 days in a year. For a compound transaction, if an amount box does not require an entry, leave it blank. Round final answers to the nearest cent when necessary. Apr. 18. Received a $64,800, 60-day, 10%...
Problem 9-5A Analyzing and journalizing notes receivable transactions LO C2, C3, P4 The following selected transactions are from Ohlm Company (Use 360 days a year.) 2016 Dec. 16 Accepted a $10,100, 60-day, 6 note dated this day in granting Danny Todd a time extension on his past-due account receivable. 31 Made an adjusting entry to record the accrued interest on the Todd note. 2017 Feb. 14 Received Todd's payment of principal and interest on the note dated December 16. Mar....
please help!!! Check my work 2016 Dec. 16 Accepted a $14,700, 60-day, 98 note dated this day in granting Danny Todd a time extension on his past-due account receivable. 31 Made an adjusting entry to record the accrued interest on the Todd note. 2017 Feb. 14 Received Todd's payment of principal and interest on the note dated December 16. Mar. 2 Accepted ain) $6,700, 91, 90-day note dated this day in granting a time extension on the past-due account receivable...
The following selected transactions are from Ohlm Company 2014 Accepted a $10,800, 60-day, 8% note dated this day in granting Danny Todd a time extension on his past-due account receivable. Dec. 16 31 Made an adjusting entry to record the accrued interest on the Todd note 2015 Feb. 14 Received Todd's payment of principal and interest on the note dated December 16 Mar. 2 Accepted a $6,100, 89, 90-day note dated this day in granting a time extension on the...