1 | Journal Entry | ||
Date | Account Title | Debit | Credit |
2-Jun | Cash | $ 40,000 | |
Common Stock | $ 40,000 | ||
(Being common stock sold to Daryl Munro to start the construction business) | |||
3-Jun | Office Rent | $ 1,500 | |
Cash | $ 1,500 | ||
(Being office rent paid) | |||
6-Jun | Equipment | $ 1,800 | |
Cash | $ 1,800 | ||
(Being equipment purchased for cash) | |||
8-Jun | Office Furniture | $ 2,000 | |
Accounts payable | $ 2,000 | ||
(Being office furniture purchased on account) | |||
11-Jun | Supplies | $ 200 | |
Accounts payable | $ 200 | ||
(Being supplies purchased on account) | |||
19-Jun | Accounts receivable | $ 1,800 | |
Service Revenue | $ 1,800 | ||
(Being services performed on account) | |||
20-Jun | Utility Expenses | $ 400 | |
Cash | $ 400 | ||
(Being utility expenses paid) | |||
28-Jun | Cash | $ 2,000 | |
Service Revenue | $ 2,000 | ||
(Being services performed for cash) |
|
Х i More Info Jun 2 Sold $40,000 of common stock to Darryl Munro to start...
7 of 7 (4 complete) Score: 0.01 of 1 pt %E2-21A (book/static) Willis Construction, Inc., completed the following transactions during June 2018, its first month of operations: (Click the icon to view the transactions.) Read the requirements. LUTUT SEUL Jun 3: Paid monthly office rent, $1,300. Journal Entry Date Accounts Debit Credit Jun lapci 2 7 of 7 (4 complete) s during June 2018, its first month of operations: TUUUU Requirements 1. 2. Record transactions in the journal. Explanations are...
McDonough Construction, Inc., completed the following transactions during August 2018, its first month of operations: (Click the icon to view the transactions.) Read the requirements, Requirement 1. Record transactions in the journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Aug 2: Sold $85,000 of common stock to D.J. McDonough to start the construction business. Journal Entry Date Accounts Debit Credit Aug 0 Requirements Aug 3: Paid monthly office rent, $1,000. Journal Entry...
More Info Oct 2 Johnson Services received $65,000 cash and issued common stock to the stockholders 3 Purchased supplies, $700, and equipment, $12,300, on account. 4 Performed services for a customer and received cash, $5,700 7 Paid cash to acquire land, $35,000. 11 Performed services for a customer and billed the customer, $3,100. Johnson expects to collect within one month. 16 Paid for the equipment purchased October 3 on account. 17 Paid for newspaper advertising, $620 18 Received partial payment...
Х Data Table Cash 111 Accounts payable 211 Oct 1 5,000 Oct 1 2,100 Accounts receivable 112 Notes payable 212 Oct 1 3,300 Oct 1 15,000 Print Done Data Table - 113 Common stock 311 Supplies 700 Oct 1 Oct 1 33,400 114 Service revenue 411 Building 40,000 Oct 1 Oct 1 2,100 Office furniture 116 Rent expense 511 Oct 1 2,900 Oct 1 700 Print Done Requirements - X 1. Journalize the transactions for the month of October. Explanations...
Sep 16 Collected $3,000 cash from a client on account. 18 Provided services on account, $2,500. 21 Received $1,200 cash for services provided. 23 Purchased supplies on account, $900. 25 Paid $1,900 in dividends. 27 Paid $2,000 on account. 29 Received $3,300 cash for services provided. 30 Paid rent, $2,000. 30 Paid employees' salaries, $2,500. GOO, Inc. Trial Balance September 15, 2018 Acct # Account Debit Credit 110 Cash $ 3,700 112 7,300 Accounts receivable Supplies 115 100 140 11,700...
I need a filled out table for all 8 steps of the problem. Thank you! Х i More Info June 1 Sold $75,000 of common stock to Katie Welch to start the business. 3 Purchased supplies on account, $100. 5 Paid cash for a building to use for storage, $39,000. 6 Performed service for customers and received cash, $2,000. 11 Paid on accounts payable, $50. 18 Performed service for customers on account, $3,200. 24 Received cash from a customer on...
GOO Solutions, Inc. Trial Balance September 15, 2016 Acct # Account Debit Credit $ 3,700 9,100 600 11,700 110 Cash 112 Accounts receivable 115 Supplies 140 Equipment 210 Accounts payable 311 Common stock 315 Dividends 411 Service revenue 511 Salaries expense 515 Rent expense $4,100 20,800 2,700 7,000 2,700 1,400 $31,900$ 31,900 Total More Info Sep 16 Collected $3,400 cash from a client on account. 18 Provided services on account, $1,900. 21 Received $2,500 cash for services provided. 23 Purchased...
Patricia Santos, Certified Public Accountant, operates as a professional corporation, (P.C). The business completed these transactions during the first part of August 2018: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize the transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Aug 2: Received $7,000 cash from Santos, and issued common stock to her. Journal Entry Date Accounts Debit Credit Aug 2 Aug 2: Paid monthly office rent, $600...
Amanda Bradford practices law under the business the Amanda Bradford. Attorney at Law Inc. During Jure, her law practice orgapec in the following transactions: Click the icon to view the transactions.) Bradlords business uses the following accounts: (Click the icon to view the accounts.) Requirement 1. Joumaize cach transaction. Na explanations are necessary. Fiecard debits first, then credits. Exclude explanation from any journal entries.) Jun 1: God $95.000 of common stock to Ersatard to start the business. More Info Journal...
Item No. Date General journal Debit Credit 1. Jun 30 30 2. 30 3. :36 Present the accounts in the following order: Assets, Liabilities, Equity, Income and Expenses Roger & Rafa Adjusted Trial Balance as at 30 June 2018 Account Credit M Novak Murray is the sole owner of Roger & Bata, a store that offers tennis racquet stringing service (that involves the use of strings and laboup). The unadjusted trial balance of Roger & Raga as at 30 June...