Journalize the July transactions AND Journalize the adjustments. Provide a T-Account in good form. PLEASE USE THE PROVIDED CHART OF ACCOUNTS, DO NOT MAKE UP OWN ACCOUNT NAMES. Also, for transaction #17 please explain if that is no entry or how to journalize.
Journalize the July transactions AND Journalize the adjustments. Provide a T-Account in good form. PLEASE USE...
Journalize the July transactions AND Journalize the adjustments. Use the provided Chart of Accounts. # Day 1 Description Issued $9,000 of common stock for $9,000 of cash. 1 2 1 Purchased used truck for $6,000, paying $3,000 in cash and the balance on account. 3 3 Purchased cleaning supplies for $900 on account. 4 5 Paid $1,200 cash on a 1-year insurance policy, effective July 1. Billed customers $2,500 for cleaning services. 5 12 6 13 Brett got a phone...
Chart of account picture attached below TRIAL BALANCE AND T ACCOUNTS. 1 1 1 Issued $9,000 of common stock for $9,000 of cash. 2 2 1 Purchased used truck for $6,000, paying $3,000 in cash and the balance on account. 3 3 3 Purchased cleaning supplies for $900 on account. 4 5 5 Paid $1,200 cash on a 1-year insurance policy, effective July 1. 5 12 Billed customers $2,500 for cleaning services. 6 13 Brett got a phone call from...
Hello, please make sure I journalized these transactions correctly. Then please help make a Trial Balance Sheet and Income Statement in good form. I listed the information below. # Day 1 Description Issued $9,000 of common stock for $9,000 of cash. 1 2 1 Purchased used truck for $6,000, paying $3,000 in cash and the balance on account. 3 3 Purchased cleaning supplies for $900 on account. 4 5 Paid $1,200 cash on a 1-year insurance policy, effective July 1....
Discuss the significance of the contracting discussion between Brett and the large building’s manager concerning the window-washing contract. What amount should be shown on the books of record for Brett’s corporation and when? Discuss the significance (if any) of Brett’s truck repair appointment for September 13 to the accounting records? You are Brett’s business advisor. Discuss the significant issues involved in the employee’s salary request. What would you advise Brett to do? # Day Description 1 1 Issued $9,000 of common...
1. Transcations for July 2. General ledger(t accounts) 3. Trial balance # 1 Day 1 Description Issued $9,000 of common stock for $9,000 of cash. 2 1 1 Purchased used truck for $6,000, paying $3,000 in cash and the balance on account. 3 3 Purchased cleaning supplies for $900 on account. 4 5 Paid $1,200 cash on a 1-year insurance policy, effective July 1. 5 12 Billed customers $2,500 for cleaning services. 6 13 Brett got a phone call from...
# Day Description 1 1 Issued $9,000 of common stock for $9,000 of cash. 2 1 Purchased used truck for $6,000, paying $3,000 in cash and the balance on account. 3 3 Purchased cleaning supplies for $900 on account. 4 5 Paid $1,200 cash on a 1-year insurance policy, effective July 1. 5 12 Billed customers $2,500 for cleaning services. 6 13 Brett got a phone call from a manager of a large office building (Axis Building). The manager asked...
please use the info to fill out the sheet July 1: Harry invested $18,000 cash in the business. July 1: account. Purchased used truck for $9,000, paying $2,000 cash and the balance on July 3: Purchased cleaning supplies for $1,800 on account. July 5: Paid $4,800 cash on two-year insurance policy effective July 1. July 12: Billed customers $1,500 for cleaning services. July 18: Paid $2,000 cash on amount owed on truck and $800 on amount owed on cleaning supplies....
Mike Greenberg opened Bramble Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 9,400 shares of common stock for $9,400 cash. 1 Purchased used truck for $6,240, paying $1,560 cash and the balance on account. 3 Purchased cleaning supplies for $700 on account. 5 Paid $1,440 cash on a 1-year insurance policy effective July 1. 12 Billed customers $2,890 for cleaning services performed. 18 Paid $780 cash on amount owed on truck...
Mike Greenberg opened Bramble Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 9,400 shares of common stock for $9,400 cash. 1 Purchased used truck for $6,240, paying $1,560 cash and the balance on account. 3 Purchased cleaning supplies for $700 on account. 5 Paid $1,440 cash on a 1-year insurance policy effective July 1. 12 Billed customers $2,890 for cleaning services performed. 18 Paid $780 cash on amount owed on truck...
Mike Greenberg opened Ayayai Window Washing Inc. on July 1, 2022. During July, the following transactions were completed. July 1 Issued 8,900 shares of common stock for $8,900 cash. 1 Purchased used truck for $5,920, paying $1,480 cash and the balance on account. 3 Purchased cleaning supplies for $670 on account. 5 Paid $1,320 cash on a 1-year insurance policy effective July 1. 12 Billed customers $2,740 for cleaning services performed. 18 Paid $740 cash on amount owed on truck...