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On February 1, 2019, Jurgen Company purchased inventory costing $92,000 by signing a 6 %, nine-month, short-term note payable. Jurgen will pay the entire note (principal and interest) on the note's maturity date. Journalize the company's (a) purchase of inventory; and (b) accrual of interest on the note payable on August 31, 2019. (Record debits first, then credits. Exclude explanations from any journal entries.) (a) Journalize the company's purchase of inventory. Journal Entry Accounts Date Debit Credit 2019 Inventory 92,000...
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S8-4 (similar to) On April 1, 2019, Wayne Company purchased inventory costing $95,000 by signing a 6% , nine -month, short-term note payable. Wayne will pay the entire note (principal and interest) on the note's maturity date. Journalize the company's (a) purchase of inventory; and (b) accnual of interest on the note payable on October 31, 2019. (Record debits first, then credits. Exclude explanations from any journal entries.) (a) Joumalize the company's purchase of inventory Journal Entry Debit Credit Accounts...
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On January 1, 2019, Krank Company purchased Inventory costing $93.000 by signing a 6%, nine-month, short-term note payable. Krank will pay the entire note (principal and interest) on the note's maturity date. Journalize the company's (a) purchase of inventory; and (b) accrual of interest on the note payable on July 31, 2019. (Record debits first, then credits. Exclude explanations from any journal entries.) (a) Journalize the company's purchase of inventory. Journal Entry Accounts Debit Credit Date 2019 Jan 1 (b)...
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Score: 0 of 2 pts 3 of 4 (1 complete) P9-38A (similar to) The following transactions of Denver Marine Supply occurred during 2018 and 2019: i (Click the icon to view the transactions.) Requirement 1. Record the transactions in the company's journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries. Round amounts to the nearest whole dollar.) Begin by journalizing the 2018 transactions, starting with the purchase of equipment on February 3, Feb...
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Save Homework: Chapter 5 Homework Score: 0.5 of 2 pts 9 of 12 (9 complete) S5-10 (similar to) HW Score: 57.5%, 11.5 of 20 pts Question Help On August 31, 2018, Barb Tisdale borrowed $11,000 from Green State Bank. Tisdale signed a note payable, promising to pay the bank principal plus interest on August 31, 2019. The interest rate on the note is 9%. The accounting year of Green State Bank ends on June 30, 2019. Journalize Green State Bank's...
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7 of 7 (0 complete) HW Score: 0%, 0 of 100 pts core: 0 of 20 pts E9-19A (similar to) en Question Help On January 1, 2017, Bronson Corporation issued five-year, 6% bonds payable with a face value of $2,600,000. The bonds were issued at 87 and pay interest on January 1 and July 1. Bronson amortizes bond discounts using the straight-line method. On December 31, 2019, Bronson retired the bonds early by purchasing them at a market price of...
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Harmony Sports Authority purchased w ory coating $20.000 by signing a November 1, 2018 Jumal the company's purchase of inventory and month short-term paytle The purchase occurred on May 1, 2018 Harmony will pay the entire not principal and interest on the note's maturity date of payment of not users on November 2018 Record the Exclude explanations from any malars) Journal Entry Accounts
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Homework: SLO Project Score: 0 of 10 pts 2 of 6 (0 complete) HW Score: 0%, P3-42A (similar to) Question Journalize the adjusting entry needed at December 31, the end of the current accounting year, for each of the following independent cases affecting Mountain Mania, Inc. No other adjusting entries have been made for the year. (Record debits first, then credits. Exclude explanations from any journal entries.) A (Click the icon to view the independent cases.) a. Prior to making...
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Score: 0 of 2 pts + 2 of 4 (1 complete) HW Score: 25%, 2 of S2-11 (book/static) Question Help After operating for a month, Rosa Anderson's dental practice completed the following transactions during September i (Click the icon to view the transactions.) Using the steps outlined in the five-step transaction analysis, record the transactions in the journal Journalize the transactions of Rosa Anderson's dental practice. (Record debits first, then credits. Select the explanation on the last line of the...
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Score: 0 of 15 pts 3 of 7 (0 complete) HW Score: 0%, 0 of 10 S9-5 (similar to) Question Help Homer Company borrowed money by issuing $4,000,000 of 4% bonds payable at 101.9 on July 1, 2018. The bonds are five-year bonds and pay interest each Jan 1 and July 1. Read the requirements. 1. How much cash did Homer receive when it issued the bonds payable? Journalize this transaction. Homer received $ L w hen the bonds payable...
On February 1, 2019, Jurgen Company purchased inventory costing $92,000 by signing a 6 %, nine-month, short-term note payable. Jurgen will pay the entire note (principal and interest) on the note's maturity date. Journalize the company's (a) purchase of inventory; and (b) accrual of interest on the note payable on August 31, 2019. (Record debits first, then credits. Exclude explanations from any journal entries.) (a) Journalize the company's purchase of inventory. Journal Entry Accounts Date Debit Credit 2019 Inventory 92,000...
S8-4 (similar to) On April 1, 2019, Wayne Company purchased inventory costing $95,000 by signing a 6% , nine -month, short-term note payable. Wayne will pay the entire note (principal and interest) on the note's maturity date. Journalize the company's (a) purchase of inventory; and (b) accnual of interest on the note payable on October 31, 2019. (Record debits first, then credits. Exclude explanations from any journal entries.) (a) Joumalize the company's purchase of inventory Journal Entry Debit Credit Accounts...
On January 1, 2019, Krank Company purchased Inventory costing $93.000 by signing a 6%, nine-month, short-term note payable. Krank will pay the entire note (principal and interest) on the note's maturity date. Journalize the company's (a) purchase of inventory; and (b) accrual of interest on the note payable on July 31, 2019. (Record debits first, then credits. Exclude explanations from any journal entries.) (a) Journalize the company's purchase of inventory. Journal Entry Accounts Debit Credit Date 2019 Jan 1 (b)...
Score: 0 of 2 pts 3 of 4 (1 complete) P9-38A (similar to) The following transactions of Denver Marine Supply occurred during 2018 and 2019: i (Click the icon to view the transactions.) Requirement 1. Record the transactions in the company's journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries. Round amounts to the nearest whole dollar.) Begin by journalizing the 2018 transactions, starting with the purchase of equipment on February 3, Feb...
Save Homework: Chapter 5 Homework Score: 0.5 of 2 pts 9 of 12 (9 complete) S5-10 (similar to) HW Score: 57.5%, 11.5 of 20 pts Question Help On August 31, 2018, Barb Tisdale borrowed $11,000 from Green State Bank. Tisdale signed a note payable, promising to pay the bank principal plus interest on August 31, 2019. The interest rate on the note is 9%. The accounting year of Green State Bank ends on June 30, 2019. Journalize Green State Bank's...
7 of 7 (0 complete) HW Score: 0%, 0 of 100 pts core: 0 of 20 pts E9-19A (similar to) en Question Help On January 1, 2017, Bronson Corporation issued five-year, 6% bonds payable with a face value of $2,600,000. The bonds were issued at 87 and pay interest on January 1 and July 1. Bronson amortizes bond discounts using the straight-line method. On December 31, 2019, Bronson retired the bonds early by purchasing them at a market price of...
Harmony Sports Authority purchased w ory coating $20.000 by signing a November 1, 2018 Jumal the company's purchase of inventory and month short-term paytle The purchase occurred on May 1, 2018 Harmony will pay the entire not principal and interest on the note's maturity date of payment of not users on November 2018 Record the Exclude explanations from any malars) Journal Entry Accounts
Homework: SLO Project Score: 0 of 10 pts 2 of 6 (0 complete) HW Score: 0%, P3-42A (similar to) Question Journalize the adjusting entry needed at December 31, the end of the current accounting year, for each of the following independent cases affecting Mountain Mania, Inc. No other adjusting entries have been made for the year. (Record debits first, then credits. Exclude explanations from any journal entries.) A (Click the icon to view the independent cases.) a. Prior to making...
Score: 0 of 2 pts + 2 of 4 (1 complete) HW Score: 25%, 2 of S2-11 (book/static) Question Help After operating for a month, Rosa Anderson's dental practice completed the following transactions during September i (Click the icon to view the transactions.) Using the steps outlined in the five-step transaction analysis, record the transactions in the journal Journalize the transactions of Rosa Anderson's dental practice. (Record debits first, then credits. Select the explanation on the last line of the...
Score: 0 of 15 pts 3 of 7 (0 complete) HW Score: 0%, 0 of 10 S9-5 (similar to) Question Help Homer Company borrowed money by issuing $4,000,000 of 4% bonds payable at 101.9 on July 1, 2018. The bonds are five-year bonds and pay interest each Jan 1 and July 1. Read the requirements. 1. How much cash did Homer receive when it issued the bonds payable? Journalize this transaction. Homer received $ L w hen the bonds payable...