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Journal entry worksheet < .... @ 6 6 0 Record the reselling of 700 shares of...
Journal entry worksheet Record the $2,100 rent paid for 3 months on January 1. Note: Enter...
Journal entry worksheet Record the $2,100 rent paid for 3 months on January 1. Note: Enter debits before credits. General Journal Debit Credit Date Jan 31 . Record entry Clear entry Journal entry worksheet Record the revenue for 8 voice lessons that the company has provided. The company would receive $600 from customers for 10 voice lessons ($60 per lesson) Note: Enter debits before credits. Date General Journal Debit Credit Jan 31 Record entry Clear entry View general jou Record...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Debit $ 43,900 Credit Accounts Cash 46,900 Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable 8,700 76,000 $ 10,200 15,800 Common Stock, $1 par value Additional Paid-in Capital 12,000 92,000 Retained Earnings 45,500 $175,500 $175,500 Totals During January 2021, the following transactions occur: 2 Issue an additional 2,100 shares of $1 par value common stock for $42,000 January 9 Provide services to customers on...
On January 1, 2018, the general ledger of Big Blast Fireworks includes the following account balances: ...
On January 1, 2018, the general ledger of Big Blast Fireworks
includes the following account balances:
Accounts
Debit
Credit
Cash
$
24,700
Accounts Receivable
43,500
Inventory
44,000
Land
82,600
Allowance for Uncollectible Accounts
3,100
Accounts Payable
28,200
Notes Payable (9%, due in 3 years)
44,000
Common Stock
70,000
Retained Earnings
49,500
Totals
$
194,800
$
194,800
The $44,000 beginning balance of inventory consists of 440
units, each costing $100. During January 2018, Big Blast Fireworks
had the following inventory transactions:
...
On January 1, 2021, the general ledger of Big Blast Fireworks includes the following account balances:...
On January 1, 2021, the general ledger of Big Blast Fireworks includes the following account balances: Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Land Accounts Payable Notes Payable (8%, due in 3 years) Common Stock Retained Earnings Totals Debit Credit $ 24,900 44,000 $ 3,300 45,000 84,100 27,700 45,000 71,000 51,000 $198,000 $198,000 The $45,000 beginning balance of inventory consists of 450 units, each costing $100. During January 2021, Big Blast Fireworks had the following inventory transactions: January...
On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances:...
On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances: Credit Debit $ 43,200 45,500 8,000 69,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings $ 9,500 15,100 15,000 85,000 41,100 Totals $165,700 $165,700 During January 2018, the following transactions occur: January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000. January 9 Provide services to customers...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit Cash 43,500 46,100 8,300 Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings 72,000 $ 9,800 15,400 18,000 ৪৪, ০০0 38,700 $169,900 $169,900 Totals During January 2021, the following transactions occur January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000 January 9 Provide services to customers...
View transaction list Journal entry worksheet 2 5 6 1 3 Record the resell 90,000 shares...
View transaction list Journal entry worksheet 2 5 6 1 3 Record the resell 90,000 shares of treasury stock for $42 per share. Note: Enter debits before credits. Credit Date General Journal Debit August 15, 2021 Record entry View general journal 4 View transaction list Journal entry worksheet 1 2 3 4 5 Record the declaration of a cash dividend on its common stock of $1.20 per share and a $456,000 (4% of par value) cash dividend on its preferred...
On January 1, 2021, the general ledger of Freedom Fireworks includes the following account balances: Debit 12,400 Credi...
On January 1, 2021, the general ledger of Freedom Fireworks includes the following account balances: Debit 12,400 Credit Accounts Cash Accounts Receivable 36,400 Inventory 153,200 Land 79,300 Buildings 132,000 $ 3,000 10,800 Allowance for Uncollectible Accounts Accumulated Depreciation Accounts Payable Common Stock 30,900 212,000 Retained Earnings 156,600 $413,300 $413,300 Totals During January 2021, the following transactions occur: Borrow $112,000 from Captive Credit Corporation. The installment note bears interest at matures in 5 years. Payments of $2,165 are required at the...
5. Want you to record the declaration; 6. record entry; and 7. record cash. Should 5 or 6 be no journal entry? I am conf...
5. Want you to record the declaration; 6. record entry; and 7.
record cash. Should 5 or 6 be no journal entry? I am confused as to
why there are 2 steps here.
Major League Apparel has two classes of stock authorized: 6%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2021, its first year of operations: January 2 Issue 110,000 shares of common stock for $54 per share. February 14 Issue 44,000...
View transaction list of 7 Journal entry worksheet 3:00:05 Record the consumption of supplies during the...
View transaction list of 7 Journal entry worksheet 3:00:05 Record the consumption of supplies during the month if supplies worth $4,000 were purchased on January 5 and at the end of the month supplies worth $3,000 were in hand. oped took Note: Enter debits before credits. Date General Journal Jan 31 Debit Credit Ask rint rences Record entry Clear entry View general journal View lans Journal entry worksheet Record the $2,100 rent paid for 3 months on January 1. Note:...
Journal entry worksheet Record the $2,100 rent paid for 3 months on January 1. Note: Enter debits before credits. General Journal Debit Credit Date Jan 31 . Record entry Clear entry Journal entry worksheet Record the revenue for 8 voice lessons that the company has provided. The company would receive $600 from customers for 10 voice lessons ($60 per lesson) Note: Enter debits before credits. Date General Journal Debit Credit Jan 31 Record entry Clear entry View general jou Record...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Debit $ 43,900 Credit Accounts Cash 46,900 Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable 8,700 76,000 $ 10,200 15,800 Common Stock, $1 par value Additional Paid-in Capital 12,000 92,000 Retained Earnings 45,500 $175,500 $175,500 Totals During January 2021, the following transactions occur: 2 Issue an additional 2,100 shares of $1 par value common stock for $42,000 January 9 Provide services to customers on...
On January 1, 2018, the general ledger of Big Blast Fireworks
includes the following account balances:
Accounts
Debit
Credit
Cash
$
24,700
Accounts Receivable
43,500
Inventory
44,000
Land
82,600
Allowance for Uncollectible Accounts
3,100
Accounts Payable
28,200
Notes Payable (9%, due in 3 years)
44,000
Common Stock
70,000
Retained Earnings
49,500
Totals
$
194,800
$
194,800
The $44,000 beginning balance of inventory consists of 440
units, each costing $100. During January 2018, Big Blast Fireworks
had the following inventory transactions:
...
On January 1, 2021, the general ledger of Big Blast Fireworks includes the following account balances: Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Land Accounts Payable Notes Payable (8%, due in 3 years) Common Stock Retained Earnings Totals Debit Credit $ 24,900 44,000 $ 3,300 45,000 84,100 27,700 45,000 71,000 51,000 $198,000 $198,000 The $45,000 beginning balance of inventory consists of 450 units, each costing $100. During January 2021, Big Blast Fireworks had the following inventory transactions: January...
On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances: Credit Debit $ 43,200 45,500 8,000 69,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings $ 9,500 15,100 15,000 85,000 41,100 Totals $165,700 $165,700 During January 2018, the following transactions occur: January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000. January 9 Provide services to customers...
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Debit Credit Cash 43,500 46,100 8,300 Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings 72,000 $ 9,800 15,400 18,000 ৪৪, ০০0 38,700 $169,900 $169,900 Totals During January 2021, the following transactions occur January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000 January 9 Provide services to customers...
View transaction list Journal entry worksheet 2 5 6 1 3 Record the resell 90,000 shares of treasury stock for $42 per share. Note: Enter debits before credits. Credit Date General Journal Debit August 15, 2021 Record entry View general journal 4 View transaction list Journal entry worksheet 1 2 3 4 5 Record the declaration of a cash dividend on its common stock of $1.20 per share and a $456,000 (4% of par value) cash dividend on its preferred...
On January 1, 2021, the general ledger of Freedom Fireworks includes the following account balances: Debit 12,400 Credit Accounts Cash Accounts Receivable 36,400 Inventory 153,200 Land 79,300 Buildings 132,000 $ 3,000 10,800 Allowance for Uncollectible Accounts Accumulated Depreciation Accounts Payable Common Stock 30,900 212,000 Retained Earnings 156,600 $413,300 $413,300 Totals During January 2021, the following transactions occur: Borrow $112,000 from Captive Credit Corporation. The installment note bears interest at matures in 5 years. Payments of $2,165 are required at the...
5. Want you to record the declaration; 6. record entry; and 7.
record cash. Should 5 or 6 be no journal entry? I am confused as to
why there are 2 steps here.
Major League Apparel has two classes of stock authorized: 6%, $10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2021, its first year of operations: January 2 Issue 110,000 shares of common stock for $54 per share. February 14 Issue 44,000...
View transaction list of 7 Journal entry worksheet 3:00:05 Record the consumption of supplies during the month if supplies worth $4,000 were purchased on January 5 and at the end of the month supplies worth $3,000 were in hand. oped took Note: Enter debits before credits. Date General Journal Jan 31 Debit Credit Ask rint rences Record entry Clear entry View general journal View lans Journal entry worksheet Record the $2,100 rent paid for 3 months on January 1. Note:...
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