Whispering Winds Corp. provides security services. Selected transactions for Whispering Winds Corp. are presented below.
Oct. 1 Issued common stock in exchange for $71,300 cash from investors.
2 Hired part-time security consultant. Salary will be $2,200 per month. First day of work will be October 15.
4 Paid 1 month of rent for building for $2,200.
7 Purchased equipment for $19,400, paying $4,300 cash and the balance on account. Paid $2,000 for advertising.
10 Received bill for equipment repair cost of $450.
12 Provided security services for event for $3,500 on account.
16 Purchased supplies for $440 on account.
21 Paid balance due from October 7 purchase of equipment.
24 Received and paid utility bill for $160.
27 Received payment from customer for October 12 services performed
31 Paid employee salaries and wages of $5,500.
(a) Journalize the transactions.
Whispering Winds Corp. provides security services. Selected transactions for Whispering Winds Corp
Exercise 3-18 (Part Level Submission) Whispering Winds Corp. provides security services. Selected transactions for Whispering Winds Corp. are presented below. Oct. 1 Issued common stock in exchange for $71,300 cash from investors. 2 Hired part-time security consultant. Salary will be $2,200 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $2,200. 7 Purchased equipment for $19,400, paying $4,300 cash and the balance on account. 8 Paid $500 for advertising. 10...
View Policies Current Attempt in Progress The May transactions of Blue Spruce Corp. were as follows. May 4 7 8 9 Paid $750 due for supplies previously purchased on account. Performed advisory services on account for $7,150. Purchased supplies for $870 on account. Purchased equipment for $2.940 in cash. Paid employees $650 in cash. Received bill for equipment repairs of $830. Paid $1.270 for 12 months of insurance policy. Coverage begins June 1. 17 22 29 Journalize the transactions. (If...
Question 1 of 12 > -/5 Novak Corp provides security Services Selected transactions for Novak Corp are presented below. Oct. 1 2 4 7 10 12 Issued common stock in exchange for $62.000 cash from investors. Hired part-time security consultant. Salary will be $1.900 per month. First day of work will be October 15 Paid 1 month of rent for building for $1.900. Purchased equipment for $16.900, pay $3.800 cash and the balance on cout Paid $1.400 for advertising Received...
Pina Colada Corp. provides security services. Selected transactions for Pina Colada Corp. are presented below. Oct. 1 Issued common stock in exchange for $63,400 cash from investors. 2 Hired part-time security consultant. Salary will be $1,900 per month. First day of work will be October 15. 4 Paid 1 month of rent for building for $1,900 7 Purchased equipment for $17,300, paying $3,800 cash and the balance on account 8 Pald $500 for advertising. 10 Received bill for equipment repair...
Concord Security Company provides security services. Selected transactions for Concord are presented below. Oct. 1 Invested $66,000 cash in the business. 2 Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15, 4 Paid one month of rent for building for $2,000. 7 Purchased equipment for $15,000, paying $3,700 cash and the balance on account 8 Paid $400 for advertising. 10 Received bill for equipment repair cost of $320. 12 Provided security...
Oct. 1 2 4 7 8 Riverbed Corp provides security services. Selected transactions for Riverbed Corp are presented below. Issued common stock in exchange for $67,300 cash from investors. Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15. Paid 1 month of rent for building for $2,000. Purchased equipment for $18,400, paying $4,100 cash and the balance on account. Paid $1,700 for advertising. Received bill for equipment repair cost of $420....
Exercise 3-14 (Part Level Submission) Selected transactions for Whispering Winds Corp. during its first month in business are presented below. Sept. 1 5 8 14 25 30 Issued common stock in exchange for $20,800 cash received from investors. Purchased equipment for $9,220, paying $3,760 in cash and the balance on account. Performed services on account for $18,000. Paid salaries of $1,200. Paid $3,000 cash on balance owed for equipment. Paid $810 cash dividend. (c) Post the transactions to T-accounts. (Post...
Exercise 3-14 (Part Level Submission) Selected transactions for Whispering Winds Corp. during its first month in business are presented below. Sept. 1 5 8 14 25 30 Issued common stock in exchange for $20,800 cash received from investors. Purchased equipment for $9,220, paying $3,760 in cash and the balance on account. Performed services on account for $18,000. Paid salaries of $1,200. Paid $3,000 cash on balance owed for equipment. Paid $810 cash dividend. (b) Journalize the transactions. If no entry...
Sheffield Security Company provides security services. Selected transactions for Sheffield are presented below. Oct. 1 Invested $63,000 cash in the business. 2 Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15. 4 Paid one month of rent for building for $2,000. 7 Purchased equipment for $17,000, paying $3,900 cash and the balance on account. 8 Paid $600 for advertising. 10 Received bill for equipment repair cost of $380. 12 Provided security...
Sheffield Security Company provides security services. Selected transactions for Sheffield are presented below. Oct. 1 Invested $63,000 cash in the business. 2 Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15. 4 Paid one month of rent for building for $2,000. 7 Purchased equipment for $17,000, paying $3,900 cash and the balance on account. 8 Paid $600 for advertising. 10 Received bill for equipment repair cost of $380. 12 Provided security...