|
|
Account type | Increase | Decrease |
Assets & Expenses | Debit | Credit |
Equity, Liabilities & Income | Credit | Debit |
Selected transactions from the journal of Concord Corporation, are presented below. Date Account Titles and Explanation...
Selected transactions from the journal of Concord Corporation, are presented below. Date Account Titles and Explanation Debit Credit Aug. 1 Cash 59,400 Common Stock 59,400 (Investment of cash for stock) 10 Cash 26,730 Service Revenue 26,730 (Received cash for services performed) 12 Equipment 49,500 Cash 7,920 Notes Payable 41,580 (Purchased office equipment for cash and notes payable) 25 Account Receivable 15,840 Service Revenue 15,840 (Billed clients for services performed) 31 Cash 8,712 Accounts Receivable 8,712 (Receipt of cash on account)...
Selected transactions from the journal of June Feldman, investment broker, are presented below. Ref. Credit Date Aug. 1 Debit 5,750 Account Titles and Explanation Cash Owner's Capital (Owner's investment of cash in business) Cash 5,750 10 2,990 Service Revenue 2.990 12 5,750 2,645 3,105 25 (Received cash for services performed) Equipment Cash Notes Payable (Purchased equipment for cash and notes payable) Accounts Receivable Service Revenue (Billed clients for services performed) Cash Accounts Receivable (Receipt of cash on account) 1,955 1,955...
Exercise 2-11 Selected transactions from the journal of Cheyenne Corp., are presented below. Credit Debit 45,900 45,900 20,655 20,655 38,250 Date Account Titles and Explanation Aug. 1 Cash Common Stock (Investment of cash for stock) 10 Cash Service Revenue (Received cash for services performed) 12 Equipment Cash Notes Payable (Purchased office equipment for cash and notes payable) 25 Account Receivable Service Revenue (Billed clients for services performed) 31 Cash Accounts Receivable (Receipt of cash on account) 6,120 32,130 12,240 12,240...
Selected transactions from the journal of June Feldman, investment broker, are presented below. Ref. Credit Date Aug. 1 Debit 5.450 5,450 2.834 10 2.834 5.450 12 Account Titles and Explanation Cash Owner's Capital (Owner's investment of cash in business) Cash Service Revenue (Received cash for services performed) Equipment Cash Notes Payable (Purchased equipment for cash and notes payable) Accounts Receivable Service Revenue (Billed clients for services performed) Cash Accounts Receivable (Receipt of cash on account) 2.507 2.943 1.853 25 1.853...
Question 1 of 6 CUTEL ALLEIPURITIUS του Selected transactions from the journal of June Feldman, investment broker, are presented below. Date Aug. 1 Ref. Credit Debit 7.100 7.100 10 3,692 3,692 12 7,100 Account Titles and Explanation Cash Owner's Capital (Owner's investment of cash in business) Cash Service Revenue (Received cash for services performed) Equipment Cash Notes Payable (Purchased equipment for cash and notes payable) Accounts Receivable Service Revenue (Billed clients for services performed) Cash Accounts Receivable (Receipt of cash...
Exercise 2-11 a-b (Video) Selected transactions from the Journal of June Feldman, Investment broker, are presented below. Ref. Credit Debit 6,550 6,550 3,406 3,406 6,550 3,013 3,537 Date Account Titles and Explanation Aug. 1 Cash Owner's Capital (Owner's investment of cash in business) 10 Cash Service Revenue (Received cash for services performed) 12 Equipment Cash Notes Payable (Purchased equipment for cash and notes payable) 25 Accounts Receivable Service Revenue (illed dients for services performed) 31 Cash Accounts Receivable (Receipt of...
Selected transactions from the journal of Baylee Inc. during its first month of operations are presented here. Credit Date Aug. 1 Debit 8,000 8,000 10 1,700 1,700 12 6,200 Account Titles Cash Common Stock Cash Service Revenue Equipment Cash Notes Payable Accounts Receivable Service Revenue Cash Accounts Receivable 1,200 5,000 25 3,400 3,400 31 600 600 Your answer is partially correct. Try again. Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.)...
Selected transactions from the journal of Sharrock, Inc. during its first month of operations are presented here. Account Titles Debit Credit Date Aug 1 Cash 7,600 7,600 10 1,450 1,450 12 6,050 Common Stock Cash Service Revenue Equipment Cash Notes Payable Accounts Receivable Service Revenue Cash Accounts Receivable 840 5,210 2,570 25 2,570 610 31 610 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) Cash Aug. 1 $7600 Aug. 10 $1450...
Selected transactions from the journal of Marin Inc. during its first month of operations are presented here. Date Account Titles Debit Credit Aug Cash 7,800 Common Stock 7,800 10 Cash 1,050 Service Revenue 1,050 12 Equipment 6,250 Cash 2,010 Notes Payable 4,240 25 Accounts Receivable 3,450 Service Revenue 3,450 31 Cash 430 Accounts Receivable 430 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) 20 Post tne transactions to T-accounts.(Post entries in...
Selected transactions from the journal of Skysong, Inc. during its first month of operations are presented here. Selected transactions from the journal of Skysong, Inc. during its first month of operations are presented here. Date Account Titles Debit Credit Aug. Cash 6,700 1 Common Stock 6,700 Cash 1,900 Service Revenue 1,900 - 12 Equipment 6,200 Cash 2,020 Notes Payable 4,180 25 Accounts Receivable 2,910 Service Revenue 2,910 31 Cash 590 Accounts Receivable 590 Post the transactions to T-accounts.(Post entries in...