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in exchange for common stock, $31,500 Pakd rent on office and equipment for the month, $2,650....
personal bank account to an account to be used for the business in exchange for common...
personal bank account to an account to be used for the business in exchange for common stock, $31,500 Paid rent on office and equipment for b. Amount of total expenses recorded in the ledger S 2 3 Purchased supplies on account, $2,200 6 Paid automobile expenses (including miscellaneous expenses, $460 47.450.00 Oct 1 Pre
Journal entries and trial balance Instructions Chart of Accounts 1 Journal T Accounts Instructions On January...
Journal entries and trial balance Instructions Chart of Accounts 1 Journal T Accounts Instructions On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: 1 4 5 6 Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $30,500. Paid rent on office and equipment for the month, $2,650. Purchased supplies on account, $2,200. Paid creditor on account, $900. Earned fees, receiving cash, $14,660. Paid...
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the...
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: Oct. 1 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $29,700. 2 Paid rent on office and equipment for the month, $2,250. 3 Purchased supplies on account, $2,300. 4 Paid creditor on account, $840. 5 Earned sales commissions, receiving cash, $14,500. 6 Paid automobile expenses (including rental charge)...
Apr 1 2 5 Paid rent on office for month, 56,000. Purchased office supplies on account,...
Apr 1 2 5 Paid rent on office for month, 56,000. Purchased office supplies on account, $2,400 Paid insurance premiums, $5,000. 10 Received cash from clients on account, $52,700. 15 Purchased land for a future building site for $227,000 paying $27,000 in cash and giving a note payable for the remainder Paid creditors on account, $6,050 20 Returned a portion of the office supplies purchased on April 2, receiving full credit for their cost, $360 23 Paid advertising expense, S4,150....
ournal Zenith Consulting Co. has the following accounts in its ledger: Cash, Accounts Recevable: Supplies, Office...
ournal Zenith Consulting Co. has the following accounts in its ledger: Cash, Accounts Recevable: Supplies, Office Equipment, Accounts Payable, Common Stock Retained Earnings, Dividends; Fees Eamed, Rent Expense; Advertising Expense; Utities Expense; Miscellaneous Expense. Mar 1 3 Paid advertising expense, $550 5 Paid cash for supplies, $1,200. 6 Purchased office equipment on account, $9,300 10 Received cash from customers on account, $16.950 15 Paid creditor on account, $3,500 27 Paid cash for miscellaneous expenses, $520 30 Paid telephone bill for...
On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the...
On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: Jan. 1 Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $30,000. 2 Paid rent on office and equipment for the month, $2,450. 3 Purchased supplies on account, $2,200. 4 Paid creditor on account, $850. 5 Earned fees, receiving cash, $14,940. 6 Paid automobile expenses (including rental charge) for month, $1,580, and miscellaneous expenses,...
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the...
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: Oct. 1 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $40,000. 2 Paid rent on office and equipment for the month, $4,800. 3 Purchased supplies on account, $2,150. 4 Paid creditor on account, $1,100. 5 Earned sales commissions, receiving cash, $18,750. 6 Paid automobile expenses (including rental charge)...
Salaries Expense, Automobile Expense, Supplies Expense, Miscellaneous Expense. Explanation plies, Accounts Payable, Common Stock, Dividends, Sales...
Salaries Expense, Automobile Expense, Supplies Expense, Miscellaneous Expense. Explanation plies, Accounts Payable, Common Stock, Dividends, Sales Commissions, Rent Expense, Office 2. Prepare T accounts, using the account titles in (1). Post the journal entries to the accounts, placing the appropriate letter to the left of each amount to identify the transaction Determine the account balances after all posting is complete. Accounts containing only a sine PR 2-2A Journal entries and trial balance Obj. 1, 2, 3, 4 56,770 On October...
nstructio On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during...
nstructio On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month Jan 1 Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $40,000. 2 Paid rent on office and equipment for the month, $6,000 3 Purchased supplies on account, $3,200. 4 Paid creditor on account, $1,750 5 Earned fees, receiving cash, $18,250 6 Paid automobile expenses (including rental charge) for month, $1,830, and miscellaneous...
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the...
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: Oct 1 2 3 4 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, S40,000 Paid rent on office and equipment for the month, $4,800. Purchased supplies on account, $2,150. Paid creditor on account, $1,100. Earned sales commissions, receiving cash, 518,750. Paid automobile expenses (including rental charge) for month,...
personal bank account to an account to be used for the business in exchange for common stock, $31,500 Paid rent on office and equipment for b. Amount of total expenses recorded in the ledger S 2 3 Purchased supplies on account, $2,200 6 Paid automobile expenses (including miscellaneous expenses, $460 47.450.00 Oct 1 Pre
Journal entries and trial balance Instructions Chart of Accounts 1 Journal T Accounts Instructions On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: 1 4 5 6 Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $30,500. Paid rent on office and equipment for the month, $2,650. Purchased supplies on account, $2,200. Paid creditor on account, $900. Earned fees, receiving cash, $14,660. Paid...
Apr 1 2 5 Paid rent on office for month, 56,000. Purchased office supplies on account, $2,400 Paid insurance premiums, $5,000. 10 Received cash from clients on account, $52,700. 15 Purchased land for a future building site for $227,000 paying $27,000 in cash and giving a note payable for the remainder Paid creditors on account, $6,050 20 Returned a portion of the office supplies purchased on April 2, receiving full credit for their cost, $360 23 Paid advertising expense, S4,150....
ournal Zenith Consulting Co. has the following accounts in its ledger: Cash, Accounts Recevable: Supplies, Office Equipment, Accounts Payable, Common Stock Retained Earnings, Dividends; Fees Eamed, Rent Expense; Advertising Expense; Utities Expense; Miscellaneous Expense. Mar 1 3 Paid advertising expense, $550 5 Paid cash for supplies, $1,200. 6 Purchased office equipment on account, $9,300 10 Received cash from customers on account, $16.950 15 Paid creditor on account, $3,500 27 Paid cash for miscellaneous expenses, $520 30 Paid telephone bill for...
Salaries Expense, Automobile Expense, Supplies Expense, Miscellaneous Expense. Explanation plies, Accounts Payable, Common Stock, Dividends, Sales Commissions, Rent Expense, Office 2. Prepare T accounts, using the account titles in (1). Post the journal entries to the accounts, placing the appropriate letter to the left of each amount to identify the transaction Determine the account balances after all posting is complete. Accounts containing only a sine PR 2-2A Journal entries and trial balance Obj. 1, 2, 3, 4 56,770 On October...
nstructio On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month Jan 1 Sharon Matthews transferred cash from a personal bank account to an account to be used for the business, $40,000. 2 Paid rent on office and equipment for the month, $6,000 3 Purchased supplies on account, $3,200. 4 Paid creditor on account, $1,750 5 Earned fees, receiving cash, $18,250 6 Paid automobile expenses (including rental charge) for month, $1,830, and miscellaneous...
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: Oct 1 2 3 4 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, S40,000 Paid rent on office and equipment for the month, $4,800. Purchased supplies on account, $2,150. Paid creditor on account, $1,100. Earned sales commissions, receiving cash, 518,750. Paid automobile expenses (including rental charge) for month,...
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