Record the following entries: 1.) Paid $3,850 to the company credit card for the following charges:...
Record the following entries:
1.) Paid $3,850 to the company credit card for the following charges:
Advertising: $1,850
Uniforms: $300
Repairs: $250
Printing: $800
Gasoline: $650$
2.) Truck payment remitted - Total $760 (Principal= $664.73; Interest= $95.82)
Homework Answers
Journal entries are as prepared below:
| S.No | Particulars | L.F | Debit | Credit |
| 1) | Advertising | 1,850 | ||
| Uniforms | 300 | |||
| Repairs | 250 | |||
| Printing | 800 | |||
| Gasoline | 650 | |||
| Credit Card | 3,850 | |||
| (For credit card payment done) | ||||
| 2) | Loan Balance | 664.73 | ||
| Interest | 95.82 | |||
| Cash | 760.55 | |||
| (For cash paid for truck) |
Add Answer to:
Record the following entries:
1.) Paid $3,850 to the company credit card for the following
charges:...
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