Homework Answers
| Date | General Journal | Debit | Credit |
| 1-Oct | Cash | 100000 | |
| Common stock | 100000 | ||
| 1-Oct | Equipment | 50000 | |
| Note Payable | 50000 | ||
| 2-Oct | Cash | 12000 | |
| Unearned Service Revenue | 12000 | ||
| 3-Oct | Rent Expense | 9000 | |
| Cash | 9000 | ||
| 4-Oct | Prepaid Insurance | 6000 | |
| Cash | 6000 | ||
| 5-Oct | Supplies | 25000 | |
| Accounts Payable | 25000 |
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Intermediate Accounting Chapters 1-6 January 2019) Journalize the following Transactions Sctober 1: Stockholders Invest $100.000 cash...
Intermediate Accounting - Chapters 1-6 (January 2009 nalize the following Transactions: ober 1: Stockholders invest $100.000...
Intermediate Accounting - Chapters 1-6 (January 2009 nalize the following Transactions: ober 1: Stockholders invest $100.000 cash in an advertising venture to be known as Pioneer Advertising Inc. cash $1oo, ooo common stock 100,000
C. R. Byrd invests his business in an advertising company called Pioneer Advertising Agency. All transaction...
C. R. Byrd invests his business in an advertising company called Pioneer Advertising Agency. All transaction in the first of his biasness: 1- Transaction : On October 1, C. R. Byrd invests $10,000 cash in an advertising company called Pioneer Advertising Agency 2- Transaction: On October 1, Pioneer purchases office equipment costing $5,000 by signing a 3-month, 12%, $5,000 note payable. 3. Transaction: On October 2, Pioneer receives a $1,200 cash advance from R. Knox, a client, for advertising services...
rio Selected transactions for Ibrahem Berhad are as follows: 1. Stockholders invest RM40,000 in cash in...
rio Selected transactions for Ibrahem Berhad are as follows: 1. Stockholders invest RM40,000 in cash in starting a real estate office operating as a corporation. Purchased RM500 of supplies on credit. Purchased equipment for RM25,000, paying RM3,500 in cash and signed a 30- day, RM21,500, note payable. Real estate commissions billed to clients amount to RM4,000. Paid RM700 in cash for the current month's rent. Paid RM250 cash on account for office supplies purchased in transaction 2 Received a bill...
Oct. 1 2 3 6 10 27 30 Stockholders invest $33,540 in exchange for common stock...
Oct. 1 2 3 6 10 27 30 Stockholders invest $33,540 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $37,680. Buys office furniture for $3,710, on account. Sells a house and lot for E. C. Roads; commissions due from Roads $12,710 (not paid by Roads at this time). Receives cash of $220 as commission for acting as rental agent renting an apartment. Pays $650 on account for the office furniture purchased...
This information relates to McCall Real Estate Agency. Oct. 1 2 3 6 Stockholders invest $30,000...
This information relates to McCall Real Estate Agency. Oct. 1 2 3 6 Stockholders invest $30,000 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $36,000. Buys office furniture for $3,800, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $10,800 (not paid by Roads at this time). Receives cash of $140 as commission for acting as rental agent renting an apartment. Pays $700 on account...
This information relates to McCall Real Estate Agency. Oct. 1 2 3 6 Stockholders invest $30,000...
This information relates to McCall Real Estate Agency. Oct. 1 2 3 6 Stockholders invest $30,000 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $36,000. Buys office furniture for $3,800, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $10,800 (not paid by Roads at this time). Receives cash of $140 as commission for acting as rental agent renting an apartment. Pays $700 on account...
need help with E2-5 and E2-6 Journalise transactions. (LO 2) Analyze transactions and journalize. (LO 1,2)...
need help with E2-5 and E2-6
Journalise transactions. (LO 2) Analyze transactions and journalize. (LO 1,2) E2-5 Transaction data for Sanculi Real Estate Agency are presented in E2-4. Instructions Journalize the transactions. (You may omit explanations.) E2-6 Marx Industries had the following transactions. 1. Borrowed $5,000 from the bank by signing a note. 2. Paid $3,100 cash for a computer. 3. Purchased $850 of supplies on account. ye Wansactions and determine their effect on accounts. (LO 1) may om plante...
Exercise 3-9 This information relates to McCall Real Estate Agency. Oct. 1 Stockholders invest $33,540 in...
Exercise 3-9 This information relates to McCall Real Estate Agency. Oct. 1 Stockholders invest $33,540 in exchange for common stock of the corporation 2 Hires an administrative assistant at an annual salary of $41,520. 3 Buys office furniture for $3,690, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $11,190 (not paid by Roads at this time) 10 Receives cash of $155 as commission for acting as rental agent renting an apartment. 27...
This information relates to McCall Real Estate Agency. Oct. 1 Stockholders invest $31,580 in exchange for...
This information relates to McCall Real Estate Agency. Oct. 1 Stockholders invest $31,580 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $33,360. 3 Buys office furniture for $3,650, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $11,680 (not paid by Roads at this time). 10 Receives cash of $135 as commission for acting as rental agent renting an apartment. 27 Pays $610...
This information relates to Monty Real Estate Agency. Oct. 1 Stockholders invest $34,040 in exchange for...
This information relates to Monty Real Estate Agency. Oct. 1 Stockholders invest $34,040 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account. 6 Sells a house and lot for E.C. Roads; commissions due from Roads, $10,780 (not paid by Roads at this time). 10 Receives cash of $165 as commission for acting as rental agent renting an apartment. 27 Pays $690 on...
Intermediate Accounting - Chapters 1-6 (January 2009 nalize the following Transactions: ober 1: Stockholders invest $100.000 cash in an advertising venture to be known as Pioneer Advertising Inc. cash $1oo, ooo common stock 100,000
C. R. Byrd invests his business in an advertising company called Pioneer Advertising Agency. All transaction in the first of his biasness: 1- Transaction : On October 1, C. R. Byrd invests $10,000 cash in an advertising company called Pioneer Advertising Agency 2- Transaction: On October 1, Pioneer purchases office equipment costing $5,000 by signing a 3-month, 12%, $5,000 note payable. 3. Transaction: On October 2, Pioneer receives a $1,200 cash advance from R. Knox, a client, for advertising services...
rio Selected transactions for Ibrahem Berhad are as follows: 1. Stockholders invest RM40,000 in cash in starting a real estate office operating as a corporation. Purchased RM500 of supplies on credit. Purchased equipment for RM25,000, paying RM3,500 in cash and signed a 30- day, RM21,500, note payable. Real estate commissions billed to clients amount to RM4,000. Paid RM700 in cash for the current month's rent. Paid RM250 cash on account for office supplies purchased in transaction 2 Received a bill...
Oct. 1 2 3 6 10 27 30 Stockholders invest $33,540 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $37,680. Buys office furniture for $3,710, on account. Sells a house and lot for E. C. Roads; commissions due from Roads $12,710 (not paid by Roads at this time). Receives cash of $220 as commission for acting as rental agent renting an apartment. Pays $650 on account for the office furniture purchased...
This information relates to McCall Real Estate Agency. Oct. 1 2 3 6 Stockholders invest $30,000 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $36,000. Buys office furniture for $3,800, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $10,800 (not paid by Roads at this time). Receives cash of $140 as commission for acting as rental agent renting an apartment. Pays $700 on account...
This information relates to McCall Real Estate Agency. Oct. 1 2 3 6 Stockholders invest $30,000 in exchange for common stock of the corporation. Hires an administrative assistant at an annual salary of $36,000. Buys office furniture for $3,800, on account. Sells a house and lot for E. C. Roads; commissions due from Roads, $10,800 (not paid by Roads at this time). Receives cash of $140 as commission for acting as rental agent renting an apartment. Pays $700 on account...
need help with E2-5 and E2-6
Journalise transactions. (LO 2) Analyze transactions and journalize. (LO 1,2) E2-5 Transaction data for Sanculi Real Estate Agency are presented in E2-4. Instructions Journalize the transactions. (You may omit explanations.) E2-6 Marx Industries had the following transactions. 1. Borrowed $5,000 from the bank by signing a note. 2. Paid $3,100 cash for a computer. 3. Purchased $850 of supplies on account. ye Wansactions and determine their effect on accounts. (LO 1) may om plante...
Exercise 3-9 This information relates to McCall Real Estate Agency. Oct. 1 Stockholders invest $33,540 in exchange for common stock of the corporation 2 Hires an administrative assistant at an annual salary of $41,520. 3 Buys office furniture for $3,690, on account. 6 Sells a house and lot for E. C. Roads; commissions due from Roads, $11,190 (not paid by Roads at this time) 10 Receives cash of $155 as commission for acting as rental agent renting an apartment. 27...
This information relates to Monty Real Estate Agency. Oct. 1 Stockholders invest $34,040 in exchange for common stock of the corporation. 2 Hires an administrative assistant at an annual salary of $32,880. 3 Buys office furniture for $4,110, on account. 6 Sells a house and lot for E.C. Roads; commissions due from Roads, $10,780 (not paid by Roads at this time). 10 Receives cash of $165 as commission for acting as rental agent renting an apartment. 27 Pays $690 on...
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