1 | dr. | Unearned Revenue - Home Renovation |
cr. | Revenue - Home Renovation | |
2 | dr. | Petty Cash |
cr. | Cash | |
3 | dr. | Insurance Expense - Automobiles |
cr. | Prepaid Auto Insurance | |
4 | dr. | Office supplies expense |
cr. | Office supplies inventory | |
5 | dr. | Interest Expense |
cr. | Interest Payable | |
Select the correct Dr. and Cr. to record this event..... It's September 30th and you're still...
Select the correct Dr. and Cr. to record this event..... As you recall, your retail store is doing extensive radio advertising this holiday season and has already paid for this campaign. During the month of October, 1/3 of the season's planned ad's have aired. Record the October 31st month-end adjusting entry. dr. Choose... . Cr. 0 Choose.. Choose... Select the is event..... dr. Advertising Expense cr. Advertising Expense dr. Prepaid Advertising cr. Prepaid Advertising The current adjusting ages & Salaries...
Select the correct Dr. and Cr. to record this event..... Purchased Office Supplies for $200 cash. dr. Choose... - cr. Choose... Choose... cr. Office Supplies Inventory ent..... Select the dr. Office Supplies Inventory On Septem fund for yo cr. Cash dr. Cash dr. Select the correct Dr. and Cr. to record this event..... On September 1st, you establish a Petty Cash fund for your company. dr. Choose... cr. Choose... > Choose... cr. Cash record this event..... Select the dr. Petty...
Select the correct Dr. and Cr. to record this event..... It's time to close the company's books for the current month. Select the appropriate Dr. or Cr. to process the REID journal entry when your company has a Net Income to report. Note: Pay close attention to what each row is asking.... and select the right Dr. and Cr. accordingly. Will you dr. or cr..... the Revenue accounts for the "R"? Choose... > Will you dr. or cr..... Income Summary...
Select the correct Dr. and Cr. to record this year's Federal income taxes..... dr. Choose... cr. Choose... e Choose... dr. Income Tax Expense dr. Income Tax Payable Back on De cr. Income Tax Payable pur company's obligation for Federal in Today is M cr. Income Tax Expense payment to the IRS. Back on December 31st, you recorded your company's obligation for Federal income taxes. Today is March 15 and you need to remit payment to the IRS. Select the correct...
Select the correct dr & cr to record the following event..... You paid $200 cash to have your delivery van's oil changed and tires rotated. dr. Choose... cr. Choose... Choose... dr. Maint.& Repairs Expense - Delivery Van Select the dr. Delivery Van (asset account) You spent dr. Cash accommod cr. Maint.& Repairs Expense - Delivery Van ny's tow truck and to up dr. cr. Cash Select the correct dr & cr to record the following event..... You spent $4,000 cash...
Which of the following is not an adjusting entry? (a) Dr: Depreciation expense and Cr: Accumulated depreciation. (b) Dr: Utilities expense and Cr: Utilities payable. (c) Dr: Insurance expense and Cr: Prepaid insurance. (d) Dr: Cash and Cr: Accounts receivable. (e) Dr: Interest receivable and Cr: Interest revenue.
Which of the following is NOT a line in your journal entry to record... You disposed of Office Furniture for $2,000 cash. The furniture cost $8,000 and had accumulated depreciation of $5,000. Select one: O a. dr. Loss on Disposal of Assets $1,000 O b. dr. Accum.Depreciation - Office Furniture $5,000 O c. dr. Cash $2,000 O d.cr. Office Furniture $8,000 O ecr. Loss on Disposal of Assets - $1,000 Which of the following is NOT a line in your...
Unadjusted Adjusted Account Title Trial Balance Adjustments Trial Balance DR CR DR CR DR CR Cash 67,000 - Accounts Receivable 530,000 - Allowance for Doubtful Accounts 8,800 Interest Receivable - Merchandise Inventory 242,500 - Prepaid Insurance 9,000 - Prepaid Rent - Store Supplies - - Office Supplies 4,780 - Note Receivable 2,500 Store Equipment 110,000 - Accumulated Depreciation - Store Equipment - 36,000 Office Equipment 56,000 - Accumulated Depreciation - Office Equipment - - Accounts Payable - 48,000 Salaries Payable...
Answers in journal entry for event “a” is incorrect. Please correct. Record the effect, if any, of the transaction entry or adjusting entry on the appropriate balance sheet category or on the income statement by entering the account name and amount and indicating whether it is an addition (+) or subtraction (-). Column headings reflect the expanded balance sheet equation; items that affect net income should not be shown as affecting stockholders' equity. The first transaction is provided as an...
IF I accidentally record an entry twice for example ( Dr expanse and CR cash) or ( DR sells revenue CR account receiveable) based on these two examples briefly describe how a reversing journal entry can correct the wrong entry?