Homework Answers
| Date | Account Title | Debit | Credit |
| June 1 | Cash | 5890 | |
| Common stock | 5890 | ||
| (To record proceeds from issue of common stock) | |||
| June 2 | Equipment | 1240 | |
| Accounts Payable | 1240 | ||
| (To record purchase of equipment) | |||
| June 3 | Rent | 670 | |
| cash/bank | 670 | ||
| (Rent paid for june month in june) | |||
| June 12 | Accounts receivable | 880 | |
| Service revenue | 880 | ||
| (Bill sent to party for collection) |
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Transactions for Sheridan Company for the month of June are presented below. June 1 Issues common...
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Transactions for Oriole Company for the month of June are presented below. Issues common stock to...
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Current Attempt in Progress Transactions for Blossom Company for the month of June are presented below....
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Question 16 of 18 -76 View Policies Current Attempt in Progress Transactions for the Oleg Thorn...
Question 16 of 18 -76 View Policies Current Attempt in Progress Transactions for the Oleg Thorn Company for the month of June are presented below. June 1 2 3 12 Oleg Thorn invests $4.500 cash in a small welding business of which he is the sole proprietor Purchases equipment on account for $3.100. 5830 cash is paid to landlord for June rent Sends a bill to Johnsen for $300 after completing welding work done on account Journalize the transactions. (Credit...
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Transactions for Skysong Company for the month of May are presented below. Prepare journal entries for...
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accounting Updates Question 3 View Policies Current Attempt in Progress Tons nces Transactions for Jayne Company...
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Transactions for Cullumber Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,330 cash. 2 Buys equipment on account for $1,660. 3 Pays $890 to landlord for June rent. 12 Bills Wil Wheaton $600 for welding work done. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do...
Transactions for Blossom Company for the month of June are presented below June 1 Issues common stock to investors in exchange for $4,000 cash. 2 Buys equipment on account for $1,000 3 Pays $520 to landlord for June rent. 12 Bills Wil Wheaton $500 for welding work done. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do...
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Transactions for Cullumber Company for the month of May are presented below. Prepare journal entries for each of these transactions. (if no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit ac entered. Do not indent manually. Record journal entries in the order presented in the problem.) count titles are automatically indented when amount is May Stockholders invests $ 4.350 cash in exchange for common stock in a small welding corporation 3...
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