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Entries into T Accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice: a. Transferred cash from a personal bank account to an account to be used for the business, $44,200. b. Paid October rent for office and workroom, $4,400. C. Purchased used automobile for $29,000, paying $6,600 cash and giving a note payable for the remainder. d. Purchased office and computer...
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Book Calculator ntries into accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice Transferred cash from a personal bank account to an account to be used for the business, $30,800. b. Pald October rent for office and workroom, $3,100. c. Purchased used automobile for $20,000, paying $4,600 cash and giving a note payable for the remainder. d. Purchased office and computer...
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Entries into T Accounts and Tral Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice: a. Transferred cash from a personal bank account to an account to be used for the business, $39,700. b. Paid October rent for office and workroom, $4,000. c. Purchased used automobile for $26,000, paying $6,000 cash and giving a note payable for the remainder. d. Purchased office and computer...
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Entries into T Accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the followin transactions connected with her professional practice: a. Transferred cash from a personal bank account to an account to be used for the business, $44,200. b. Paid October rent for office and workroom, $4,400. c. Purchased used automobile for $29,000, paying $6,600 cash and giving a note payable for the remainder. d. Purchased office and computer...
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3. Prepare an unadjusted trial balance for Connie Young, Architect, as of October 31, 2019. For those boxes in which no entry is required, leave the box blank. Connie Young, Architect Unadjusted Trial Balance October 31, 2019 Debit Credit Balances Balances 4. Determine the net income or net loss for October. Feedback Entries into T Accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with...
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Connie Young, an architect, opened an office on October 1, 2019.
During the month, she completed the following transactions
connected with her professional practice:
Transferred cash from a personal bank account to an account to be
used for the business, $36,000.
Paid October rent for office and workroom, $2,400.
Purchased used automobile for $32,800, paying $7,800 cash and
giving a note payable for the remainder.
Purchased office and computer equipment on account, $9,000.
Paid cash for supplies, $2,150.
Paid cash...
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Ch 2 Written Problem 1 – Connie Young, Architect ACG 3074 Connie
Young, an architect, opened an office on October 1, 2019. During
the month, she completed the following transactions connected with
her professional practice: 1. Transferred cash from a personal bank
account to an account to be used for the business, $36,000. 2. Paid
October rent for office and workroom, $2,400. 3. Purchased used
automobile for $32,800, paying $7,800 cash and giving a note
payable for the remainder. 4....
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PR 2-1A Entries into T accounts and trial balance OBJ. 1, 2, 3, 4 Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice: a. Transferred cash from a personal bank account to an account to be used for the busi- ness, $36,000. b. Paid October rent for office and workroom, $2,400. c. Purchased used automobile for $32,800, paying $7,800 cash and giving a note payable...
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Entries into T accounts and Trial Balance ken Jones, an architect, organized Jones Architects on April 1, 20Y2. During the month, Jones Architects completed the following transactions: a. Transferred cash from a personal bank account to an account to be used for the business in exchange for Common Stock, $52,200. b. Purchased used automobile for $34,000, paying $7,800 cash and giving a note payable for the remainder. c. Paid April rent for office and workroom, $5,200 d. Paid cash for...
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Entries into T accounts and Trial Balance
Marjorie Knaus, an architect, organized Knaus Architects on
January 1, 20Y4. During the month, Knaus Architects completed the
following transactions:
Issued common stock to Marjorie Knaus in exchange for
$30,000.
Paid January rent for office and workroom, $2,500.
Purchased used automobile for $28,500, paying $6,000 cash and
giving a note payable for the remainder.
Purchased office and computer equipment on account,
$8,000.
Paid cash for supplies, $2,100.
Paid cash for annual insurance policies,...
Entries into T Accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice: a. Transferred cash from a personal bank account to an account to be used for the business, $44,200. b. Paid October rent for office and workroom, $4,400. C. Purchased used automobile for $29,000, paying $6,600 cash and giving a note payable for the remainder. d. Purchased office and computer...
Book Calculator ntries into accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice Transferred cash from a personal bank account to an account to be used for the business, $30,800. b. Pald October rent for office and workroom, $3,100. c. Purchased used automobile for $20,000, paying $4,600 cash and giving a note payable for the remainder. d. Purchased office and computer...
Entries into T Accounts and Tral Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice: a. Transferred cash from a personal bank account to an account to be used for the business, $39,700. b. Paid October rent for office and workroom, $4,000. c. Purchased used automobile for $26,000, paying $6,000 cash and giving a note payable for the remainder. d. Purchased office and computer...
Entries into T Accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the followin transactions connected with her professional practice: a. Transferred cash from a personal bank account to an account to be used for the business, $44,200. b. Paid October rent for office and workroom, $4,400. c. Purchased used automobile for $29,000, paying $6,600 cash and giving a note payable for the remainder. d. Purchased office and computer...
3. Prepare an unadjusted trial balance for Connie Young, Architect, as of October 31, 2019. For those boxes in which no entry is required, leave the box blank. Connie Young, Architect Unadjusted Trial Balance October 31, 2019 Debit Credit Balances Balances 4. Determine the net income or net loss for October. Feedback Entries into T Accounts and Trial Balance Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with...
PR 2-1A Entries into T accounts and trial balance OBJ. 1, 2, 3, 4 Connie Young, an architect, opened an office on October 1, 2019. During the month, she completed the following transactions connected with her professional practice: a. Transferred cash from a personal bank account to an account to be used for the busi- ness, $36,000. b. Paid October rent for office and workroom, $2,400. c. Purchased used automobile for $32,800, paying $7,800 cash and giving a note payable...
Entries into T accounts and Trial Balance ken Jones, an architect, organized Jones Architects on April 1, 20Y2. During the month, Jones Architects completed the following transactions: a. Transferred cash from a personal bank account to an account to be used for the business in exchange for Common Stock, $52,200. b. Purchased used automobile for $34,000, paying $7,800 cash and giving a note payable for the remainder. c. Paid April rent for office and workroom, $5,200 d. Paid cash for...