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Mark Moninger has a corporation and began a business as an appliance technician in November. During...
Mark Moninger has a corporation and began a business as an appliance technician in November. During...
Mark Moninger has a corporation and began a business as an appliance technician in November. During that month, he completed the following transactions, Prepare journal entries in proper form. Denote your joumal entry with the letter of the transaction O Paid $400 of cash towards the amount owed to Home Depot, per transaction b) on the previous page of this problem. Purchased a used pickup truck for $12,000 by signing a 3 year note with the automobile dealer Received $120...
28 Mark Moninger has a corporation and began a business as an appliance technician in November....
28 Mark Moninger has a corporation and began a business as an appliance technician in November. During that month, he completed the following transactions. Prepare Joumal entries in proper form. Denote your journal entry with the letter of the transaction 6. Invested $19.000 of cash, as well as $1840 worth of supplies, into his business in exchange for common stock b. Went to Home Depot and purchased $850 of equipment on account Purchased $1200 of sunce coverage, however that insurance...
Петр Save TEXTE 29 Mark Moninger has a corporation and began a business as an appliance...
Петр Save TEXTE 29 Mark Moninger has a corporation and began a business as an appliance technician in November. During that month, he completed the following transactions. Prepare journal entifes in proper form. Denote your journal entry with the letter of the transaction Went to Lowe's and bought some additional supplies for $278 cash. ej Performed $500 worth of services for Verdus Alton. Verdus immediately paid Mork $380 in cash and will pay the remaining $120 at a later date....
On November 1, 2019, Debbie Debit established an interior decorating business, Debit Designs. During the month,...
On November 1, 2019, Debbie Debit established an interior decorating business, Debit Designs. During the month, Debit completed the following transactions related to the business: November 1: Debit transferred cash from a personal bank account to a business account $27,750 1: Paid rent for the month $4,000 6: Purchased office equipment on account, $12,880 8: Purchased a truck for $32,500, paying $6.500 cash and giving a note payable for the remainder 10: Purchased supplies for cash $1,860 12: Received cash...
Tucker Boats began business on September 1, 2013, ...Tucker Boats has adopted a September 30 as...
Tucker Boats began business on September 1, 2013, ...Tucker Boats has adopted a September 30 as fiscal year end, just in time to stock new merchandise. On September 1, Joe ...hired a recent graduate, Henry Webster. In the next few days of September, he rented a sales office, boat garage, and lot space. The store is open Monday through Saturday and Joe is there all six days. Henry works 8 hours per day, Monday through Friday. Both Henry and Joe...
For the past several years, Jolene Upton has operated a part-time consulting business from her home....
For the past several years, Jolene Upton has operated a part-time consulting business from her home. As of July 1, 2019, Jolene decided to move to rented quarters and to operate the business, which was to be known as Gourmet Consulting, on a full-time basis. Gourmet Consulting entered into the following transactions during July: Jul. 1 The following assets were received from Jolene Upton: cash, $19,000; accounts receivable, $22,300; supplies, $3,800; and office equipment, $8,900. There were no liabilities received....
On June 1, 2019, Kris Storey established an interior decorating business, Eco-Centric Designs. During the month,...
On June 1, 2019, Kris Storey established an interior decorating
business, Eco-Centric Designs. During the month, Kris completed the
following transactions related to the business:
June
1
Kris transferred cash from a personal bank account to an
account to be used for the business, $35,000.
1
Paid rent for period of June 1 to end of month, $4,750.
6
Purchased office equipment on account, $14,100.
8
Purchased a van for $28,500 paying $4,500 cash and giving a
note payable for...
Santana Rey created Business Solutions on October 1, 2019. The company has been successful, and its...
Santana Rey created Business Solutions on October 1, 2019. The company has been successful, and its list of customers has grown. To accommodate the growth, the accounting system is modified to set up separate accounts for each customer. The following chart of accounts includes the account number used for each account and any balance as of December 31, 2019. Santana Rey decided to add a fourth digit with a decimal point to the 106 account number that had been used...
For the past several years, Jolene Upton has operated a part-time consulting business from her home....
For the past several years, Jolene Upton has operated a part-time consulting business from her home. As of July 1, 2019, Jolene decided to move to rented quarters and to operate the business, which was to be known as Gourmet Consulting, on a full-time basis. Gourmet Consulting entered into the following transactions during July: Jul. 1 The following assets were received from Jolene Upton: cash, $19,000; accounts receivable, $22,300; supplies, $3,800; and office equipment, $8,900. There were no liabilities received....
Santana Rey created Business Solutions on October 1, 2019. The company has been successful and its...
Santana Rey created Business Solutions on October 1, 2019. The company has been successful and its list of customers has grown. To accommodate the growth, the accounting system is modified to set up separate accounts for each customer. The following chart of accounts includes the account number used for each account and any balance as of December 31, 2019. Santana Rey decided to add a fourth digit with a decimal point to the 106 account number that had been used...
Mark Moninger has a corporation and began a business as an appliance technician in November. During that month, he completed the following transactions, Prepare journal entries in proper form. Denote your joumal entry with the letter of the transaction O Paid $400 of cash towards the amount owed to Home Depot, per transaction b) on the previous page of this problem. Purchased a used pickup truck for $12,000 by signing a 3 year note with the automobile dealer Received $120...
28 Mark Moninger has a corporation and began a business as an appliance technician in November. During that month, he completed the following transactions. Prepare Joumal entries in proper form. Denote your journal entry with the letter of the transaction 6. Invested $19.000 of cash, as well as $1840 worth of supplies, into his business in exchange for common stock b. Went to Home Depot and purchased $850 of equipment on account Purchased $1200 of sunce coverage, however that insurance...
Петр Save TEXTE 29 Mark Moninger has a corporation and began a business as an appliance technician in November. During that month, he completed the following transactions. Prepare journal entifes in proper form. Denote your journal entry with the letter of the transaction Went to Lowe's and bought some additional supplies for $278 cash. ej Performed $500 worth of services for Verdus Alton. Verdus immediately paid Mork $380 in cash and will pay the remaining $120 at a later date....
On June 1, 2019, Kris Storey established an interior decorating
business, Eco-Centric Designs. During the month, Kris completed the
following transactions related to the business:
June
1
Kris transferred cash from a personal bank account to an
account to be used for the business, $35,000.
1
Paid rent for period of June 1 to end of month, $4,750.
6
Purchased office equipment on account, $14,100.
8
Purchased a van for $28,500 paying $4,500 cash and giving a
note payable for...
Santana Rey created Business Solutions on October 1, 2019. The company has been successful and its list of customers has grown. To accommodate the growth, the accounting system is modified to set up separate accounts for each customer. The following chart of accounts includes the account number used for each account and any balance as of December 31, 2019. Santana Rey decided to add a fourth digit with a decimal point to the 106 account number that had been used...
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