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debit/ credit table
More Info Nov. 1 The business received $10,000 cash and issued common stock....
rest Jan. 1: The business received $38,000 cash and issued common stock to Smith. Date Accounts...
rest Jan. 1: The business received $38,000 cash and issued common stock to Smith. Date Accounts and Explanation Jan. 1 Debit Credit eived * More Info Jan. 1 The business received $38,000 cash and issued common stock to Smith. 2 Purchased medical supplies on account, $19,000. 4 Performed services for patients receiving $1,400. 12 Paid monthly office rent of $2,700. 15 Recorded $7,000 revenue for services rendered to patients on account. Print Done
T12-3 (similar to) Question Help 21. EBM Consulting Services had the following transactions for the month...
T12-3 (similar to) Question Help 21. EBM Consulting Services had the following transactions for the month of November. Journalize the transactions and include an explanation with each entry (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Click the icon to view the transactions.) ts ork Test Nov. 1: The business received $11,000 cash and issued common stock. Accounts and Explanation Date Debit Credit Nov. 1 Question Viewer Accounts and Explanation Debit...
More Info Oct 2 Johnson Services received $65,000 cash and issued common stock to the stockholders...
More Info Oct 2 Johnson Services received $65,000 cash and issued common stock to the stockholders 3 Purchased supplies, $700, and equipment, $12,300, on account. 4 Performed services for a customer and received cash, $5,700 7 Paid cash to acquire land, $35,000. 11 Performed services for a customer and billed the customer, $3,100. Johnson expects to collect within one month. 16 Paid for the equipment purchased October 3 on account. 17 Paid for newspaper advertising, $620 18 Received partial payment...
2 of 2 (0 complete) * More Info Jan. 1 Murphy contributed $78,000 cash to the...
2 of 2 (0 complete) * More Info Jan. 1 Murphy contributed $78,000 cash to the business, Terrence Murphy, Attorney. The business issued common stock to Murphy. Purchased office supplies, $600, and furniture, $1,700, on account. Performed legal services for a client and received $1,000 cash. Purchased a building with a market value of $130,000, and land with a market value of $25,000. The business paid $25,000 cash and signed a note payable to the bank for the remaining amount....
* More Info (CI Vincent Yang practices medicine under the business title Vincent Yang, M. D....
* More Info (CI Vincent Yang practices medicine under the business title Vincent Yang, M. D. During July, the medical practice completed the following transactions: (Click the icon to view the transactions.) Read tt Requirement 1. Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations July 1: Yang contributed $66,000 cash to the business in exchange for capital. Date Accounts Debit Credit Jul. 1 Jul. 1 Yang contributed $66,000 cash to the business in exchange...
May 1 The business received cash of $70,000 and gave capital to Zach Webster. 2 Purchased...
May 1 The business received cash of $70,000 and gave capital to Zach Webster. 2 Purchased office supplies on account, $780. 4 Paid $47,000 cash for building and land. The building had a fair market value of $42,000 6 Performed services for customers and received cash, $2,900 9 Paid $680 on accounts payable. 17 Performed services for customers on account, $2,100. 19 Paid rent expense for the month. $1,300 20 Received $1,000 from customers for services to be performed next...
More Info a. b. C d. Received contribution of $11,000 cash from Marilyn Mitchell in exchange...
More Info a. b. C d. Received contribution of $11,000 cash from Marilyn Mitchell in exchange for common stock. Performed service for a client and received cash of $1,500 Paid off the beginning balance of accounts payable. Purchased supplies from Office Max on account, $600. Collected cash from a customer on account, $2,500. Cash dividends of $1,200 were paid to stockholders. Consulted for a new band and billed the client for services rendered, $6,000 Recorded the following business expenses for...
a. Received $10,300 cash for consulting services rendered in January b. Issued common stock to investors...
a. Received $10,300 cash for consulting services rendered in January b. Issued common stock to investors for $16,500 cash. c. Purchased $15,300 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $12,100 cash for consulting services to be performed in February e. Bought and received $1,030 of supplies on account. Received utility bill for January for $2,190, due February 15. g. Consulted for customers in January for fees totaling...
Hilton Service Center Trial Balance March 31, 2018 Account Title Balance Debit Credit 22,700 4,700 $...
Hilton Service Center Trial Balance March 31, 2018 Account Title Balance Debit Credit 22,700 4,700 $ 2,600 Cash Accounts Receivable Office Supplies Land Accounts Payable Utilities Payable Unearned Revenue Notes Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Interest Expense Utilities Expense 11,700 17,000 1,600 1,900 400 21 200 21200 Print Done AL in More Info 2 Borrowed $46,000 from the bank and signed a note payable in the name of the business. 4 Paid cash of $50,000...
Stockholders invested $10,000 cash in the business in exchange for common stock. **IF YOU ARE NOT...
Stockholders invested $10,000
cash in the business in exchange for common stock. **IF YOU ARE NOT
ABLE TO ANSWER ALL QUESTION, DON'T BOTHER :) **
1 Purchased
used truck for $6,000, paying $3,000 cash and the balance on
account.
3 Purchased
cleaning supplies for $1,200 on account.
5 Paid
$1,200 cash on a 1-year insurance policy effective March
1.
14 Billed
customers $4,800 for cleaning services.
18 Paid
$1,500 cash on amount owed on truck and $500 on amount owed on
cleaning supplies.
20 Paid
$1,800...
rest Jan. 1: The business received $38,000 cash and issued common stock to Smith. Date Accounts and Explanation Jan. 1 Debit Credit eived * More Info Jan. 1 The business received $38,000 cash and issued common stock to Smith. 2 Purchased medical supplies on account, $19,000. 4 Performed services for patients receiving $1,400. 12 Paid monthly office rent of $2,700. 15 Recorded $7,000 revenue for services rendered to patients on account. Print Done
T12-3 (similar to) Question Help 21. EBM Consulting Services had the following transactions for the month of November. Journalize the transactions and include an explanation with each entry (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Click the icon to view the transactions.) ts ork Test Nov. 1: The business received $11,000 cash and issued common stock. Accounts and Explanation Date Debit Credit Nov. 1 Question Viewer Accounts and Explanation Debit...
More Info Oct 2 Johnson Services received $65,000 cash and issued common stock to the stockholders 3 Purchased supplies, $700, and equipment, $12,300, on account. 4 Performed services for a customer and received cash, $5,700 7 Paid cash to acquire land, $35,000. 11 Performed services for a customer and billed the customer, $3,100. Johnson expects to collect within one month. 16 Paid for the equipment purchased October 3 on account. 17 Paid for newspaper advertising, $620 18 Received partial payment...
2 of 2 (0 complete) * More Info Jan. 1 Murphy contributed $78,000 cash to the business, Terrence Murphy, Attorney. The business issued common stock to Murphy. Purchased office supplies, $600, and furniture, $1,700, on account. Performed legal services for a client and received $1,000 cash. Purchased a building with a market value of $130,000, and land with a market value of $25,000. The business paid $25,000 cash and signed a note payable to the bank for the remaining amount....
* More Info (CI Vincent Yang practices medicine under the business title Vincent Yang, M. D. During July, the medical practice completed the following transactions: (Click the icon to view the transactions.) Read tt Requirement 1. Journalize each transaction. Explanations are not required. (Record debits first, then credits. Exclude explanations July 1: Yang contributed $66,000 cash to the business in exchange for capital. Date Accounts Debit Credit Jul. 1 Jul. 1 Yang contributed $66,000 cash to the business in exchange...
May 1 The business received cash of $70,000 and gave capital to Zach Webster. 2 Purchased office supplies on account, $780. 4 Paid $47,000 cash for building and land. The building had a fair market value of $42,000 6 Performed services for customers and received cash, $2,900 9 Paid $680 on accounts payable. 17 Performed services for customers on account, $2,100. 19 Paid rent expense for the month. $1,300 20 Received $1,000 from customers for services to be performed next...
More Info a. b. C d. Received contribution of $11,000 cash from Marilyn Mitchell in exchange for common stock. Performed service for a client and received cash of $1,500 Paid off the beginning balance of accounts payable. Purchased supplies from Office Max on account, $600. Collected cash from a customer on account, $2,500. Cash dividends of $1,200 were paid to stockholders. Consulted for a new band and billed the client for services rendered, $6,000 Recorded the following business expenses for...
a. Received $10,300 cash for consulting services rendered in January b. Issued common stock to investors for $16,500 cash. c. Purchased $15,300 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $12,100 cash for consulting services to be performed in February e. Bought and received $1,030 of supplies on account. Received utility bill for January for $2,190, due February 15. g. Consulted for customers in January for fees totaling...
Hilton Service Center Trial Balance March 31, 2018 Account Title Balance Debit Credit 22,700 4,700 $ 2,600 Cash Accounts Receivable Office Supplies Land Accounts Payable Utilities Payable Unearned Revenue Notes Payable Common Stock Dividends Service Revenue Salaries Expense Rent Expense Interest Expense Utilities Expense 11,700 17,000 1,600 1,900 400 21 200 21200 Print Done AL in More Info 2 Borrowed $46,000 from the bank and signed a note payable in the name of the business. 4 Paid cash of $50,000...
Stockholders invested $10,000
cash in the business in exchange for common stock. **IF YOU ARE NOT
ABLE TO ANSWER ALL QUESTION, DON'T BOTHER :) **
1 Purchased
used truck for $6,000, paying $3,000 cash and the balance on
account.
3 Purchased
cleaning supplies for $1,200 on account.
5 Paid
$1,200 cash on a 1-year insurance policy effective March
1.
14 Billed
customers $4,800 for cleaning services.
18 Paid
$1,500 cash on amount owed on truck and $500 on amount owed on
cleaning supplies.
20 Paid
$1,800...
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