The amount in the last entry was not clear so i assumed it to be 5000....!!
Transactions JE Ledger TB Worksheet UNDERWOOD Transactions Sept. 1 Stockholders invested $20.000 cash in the business...
Transactions Sept. 1 Stockholders invested $20,000 cash in the business Sept. 2 Paid $1,000 cash for store rent for the month of September Sept. 3 Purchased industrial carpet-cleaning equipment for $25.000, paying $10,000 in casa and signing a $15,000 6-month, 12% note payable. Sept. 4 Paid $1,200 for 1-year accident insurance policy. Sept. 10 Recievd bill from the Daily News for advertising the opening of the cleaning service, $200. Sept. 15 Performed services on account for $6,200. Sept.20 Paid a...
Abdullah and Careem investors opened Campus Carpet Cleaning, Company. on September 1, 2012. During the first month of operations, the following transactions occurred. Sept. 1 Stockholders invested $20,000 cash in the business. 2 Paid $1,000 cash for store rent for the month of September. 3 Purchased industrial carpet-cleaning equipment for $25,000, paying $10,000 in cash and signing a $15,000 note payable. 10 Received bill from the Daily News for advertising the opening of the cleaning service, $200. 15 Performed services...
Abdullah and Careem investors opened Campus Carpet Cleaning, Company. on September 1, 2012. During the first month of operations, the following transactions occurred. Sept. 1 Stockholders invested $20,000 cash in the business. 2 Paid $1,000 cash for store rent for the month of September. 3 Purchased industrial carpet-cleaning equipment for $25,000, paying $10,000 in cash and signing a $15,000 note payable. Received bill from the Daily News for advertising the opening of the cleaning service, $200 10 15 Performed services...
Bob Sample and other student investors opened Campus Carpet Cleaning, Inc. on Septem- ber 1, 2014. During the first month of operations, the following transactions occurred. September 1 - Stockholders invested $20,000 cash in the business. September 2 - Paid $1,000 cash for store rent for the month of September. September 3 - industrial carpet-cleaning equipment for $25,000, paying $10,000 in cash and signing a $15,000 6-month, 12% note payable. September 4 - Paid $1,200 for 1-year accident insurance policy....
Billy opened Campus Dry-cleaning Service Inc. on September 1, 2020. During the first month of operations, the following transactions occurred. Sept. 1 Stockholders invested $20,000 cash in the business to purchase the firm’s common stock. 2. The company paid $1,000 cash for store rent for September. 3. Purchased washers and dryers of $25,000, paying $10,000 in cash and signing a $15,000, 6- month, 12% for a one-year note payable. 4.Paid $1,200 for one-year accident insurance policy. 10. Received a bill from Daily...
Stockholders invested $10,000 cash in the business in exchange for common stock. **IF YOU ARE NOT ABLE TO ANSWER ALL QUESTION, DON'T BOTHER :) ** 1 Purchased used truck for $6,000, paying $3,000 cash and the balance on account. 3 Purchased cleaning supplies for $1,200 on account. 5 Paid $1,200 cash on a 1-year insurance policy effective March 1. 14 Billed customers $4,800 for cleaning services. 18 Paid $1,500 cash on amount owed on truck and $500 on amount owed on cleaning supplies. 20 Paid $1,800...
DATE TRANSACTIONS 2019 Sept. 1 Zack Mason invested $57,000 in cash to start the firm. 4 Purchased office equipment for $6,200 on credit from Den, Inc.; received Invoice 9823, payable in 30 days. 16 Purchased an automobile that will be used to visit clients; issued Check 1001 for $14,200 in full payment. 20 Purchased supplies for $490; paid immediately with Check 1002. 23 Returned damaged supplies for a cash refund of $155. 30 Issued Check 1003 for $3,550 to Den,...
Exercise 164 This transactions relate to Hanshew Real Estate Apency 1. Stockholders invested $35,000 in exchange for common stock of the corporation. 2. Hires an administrative assistant at an annual salary of $36,000. 3. Buys equipment for $3,500 on account. 4 Sells a house and lot for M Springer; commissions due from Springer, $10,000 (not paid by Springer at this time). s. Receives cash of $140 as commission for acting as rental agent renting an apartment. 6. Pays $700 on...
just from v. to x son March 1, 2022. During March, the following transactions were completed. GP Pro Inc. opened Prochners on 10.000 shares of common stock for $15.000 rach ed $6,000 cash by signing a 6-month, 6%, 56,000 note payable. Interest will be paid the first day of each subsequent month 1 Purchased used truck for $8,000 cash 2 Paid $1,500 cash to cover rent from March 1 through May 31 3 Paid $2,400 cash on a 6-month insurance...