Homework Answers
| Date | Accounts | Debit $ | Credit $ |
| Jan.1 | Cash | 79,000 | |
| Moore, Capital | 79,000 | ||
| Jan.3 | Supplies | 1,500 | |
| Furniture | 2,200 | ||
| Accounts Payable | 3,700 | ||
| Jan.4 | Cash | 1,100 | |
| Service Revenue | 1,100 | ||
| Jan.7 | Building | 120,000 | |
| Land | 26,000 | ||
| Cash | 50,000 | ||
| Note Payable | 96,000 | ||
| Jan.11 | Accounts Receivable | 500 | |
| Service Revenue | 500 | ||
| Jan.15 | Salaries Expense | 1,200 | |
| Cash | 1,200 | ||
| Jan.16 | Accounts Payable | 1,500 | |
| Cash | 1,500 | ||
| Jan.18 | Cash | 2,900 | |
| Service Revenue | 2,900 | ||
| Jan.19 | Accounts Receivable | 800 | |
| Service Revenue | 800 | ||
| Jan.25 | Utilties Expense | 250 | |
| Accounts Payable | 250 | ||
| Jan.29 | Cash | 400 | |
| Accounts Receivable | 400 | ||
| Jan.30 | Prepaid Insurance | 1,080 | |
| Cash | 1,080 |
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More Info - Trevor Moore opened a law office on January 1, 2024. During the first...
More Info 1 Trevor Moore opened a law office on January 1, 2024. During the first...
More Info 1 Trevor Moore opened a law office on January 1, 2024. During the first month of operation, the business completed IN (Click the icon to view the transactions) Read the requirements Requirement 1. Record each transaction in the journal, using the following account lifes Cash Account Receivable Payable: Moore, Capital, Moore, Withdrawals Service Revenue Salaries Expense Rent Expense, and Units Exped Jan. 1 Moore contributed 579,000 cash to the business, Trevor Moore, Attorney. The business gave capital to...
% P2-31A (similar to) Tony Monson opened a law office on January 1, 2018. During the...
% P2-31A (similar to) Tony Monson opened a law office on January 1, 2018. During the first month of operations, the business completed the following transactions: Click the icon to view the transactions.) Read the requirements Requirement 3. Prepare the trial balance of Tony Monson, Attorney, at January 31, 2018 Review the ledger accounts for the month of January Tony Monson, Attorney Trial Balance January 31, 2018 Balance Account Title Debit Credit Cash Common Stock 79,000 Office Supplies 1.300 Furniture...
2 of 2 (0 complete) * More Info Jan. 1 Murphy contributed $78,000 cash to the...
2 of 2 (0 complete) * More Info Jan. 1 Murphy contributed $78,000 cash to the business, Terrence Murphy, Attorney. The business issued common stock to Murphy. Purchased office supplies, $600, and furniture, $1,700, on account. Performed legal services for a client and received $1,000 cash. Purchased a building with a market value of $130,000, and land with a market value of $25,000. The business paid $25,000 cash and signed a note payable to the bank for the remaining amount....
HW Scott Jameson opened a translation business on January 2, 2015 During the first month of...
HW Scott Jameson opened a translation business on January 2, 2015 During the first month of operations, the business completed the following transactions: Jan. 2 The business received $40,000 cash from Scott Jameson, which was deposited in a business bank account entitled Jameson Translation Service. Purchased supplies, $750, and furniture, $2,800, on account. Paid January rent expense, $1,100. Performed translation services for a client and received cash, $2,250. Paid $28,000 cash to acquire land for a future office site. Translated...
Ned the requirements Date Accounts Debit Credit Jan 30 Prepaid Insurance Cash 1080 1 080 TE...
Ned the requirements Date Accounts Debit Credit Jan 30 Prepaid Insurance Cash 1080 1 080 TE Purchased a building with a market value of $120.000, and land with a market value of $25.000 The business paid 550 000 cash and signed anle payable to Jan.7 the bank for the remaining amount Jan. 11 Prepared legal documents for a client on account 5500 Jan. 15 Paid assistants semmonthly salary, 51200 Jan 16 Paid for the office supplies purchased on January 3...
the first month of P2-32A P2-31A Journalizing transactions, posting journal entries to four-colu accounts, and preparing...
the first month of P2-32A P2-31A Journalizing transactions, posting journal entries to four-colu accounts, and preparing a trial balance Terrence Murphy opened a law office on January 1, 2018. During the first m operations, the business completed the following transactions: 0,160 Jan. 1 Murphy contributed $78,000 cash to the business, Terrence Muro Attorney. The business gave capital to Murphy. 3 Purchased office supplies. $600, and furniture, $1,700, on account 4 Performed legal services for a client and received $1,000 cash....
ACG 2021 Sec 654- Petty Homework: Homework CH2 Score: 0 of 20 pts P2-31A (similar to)...
ACG 2021 Sec 654- Petty Homework: Homework CH2 Score: 0 of 20 pts P2-31A (similar to) 6 of 8 (4 complete) 2018 During the first month of operations, the business completed the following transaction Trey Madden opened a law office on January 1, Click the icon to view the transactions) Requirement 1. Record each transaction in the journal, using the following account tities Cash Accounts Receivable, Office Supplies, Prepai Jan. 1 Madden contributed $63000 cash to the business, Trey Madden....
. Record each transaction in the journal, using the following account titles: Cash; Accounts Receivable; Office...
. Record each transaction in
the journal, using the following account titles: Cash; Accounts
Receivable; Office Supplies; Prepaid Insurance; Land; Building;
Furniture; Accounts Payable; Utilities Payable; Notes Payable;
Common Stock; Dividends; Service Revenue; Salaries Expense; Rent
Expense; and Utilities Expense. Explanations are not required.
(Record debits first, then credits. Exclude explanations from
journal entries. Check your spelling carefully and do not
abbreviate. When applicable, use only the account names provided in
the problem statement.)
Requirement 1. Record each transaction in...
1. Record each transaction in the journal, using the following account titles: Cash; Accounts Receivable; Office...
1. Record each transaction in the journal, using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Land, Building, Furniture; Accounts Payable; Utilities Payable; Notes Payable; Common Stock; Dividends; Service Revenue: Salaries Expense; Rent Expense; and Utilities Expense. Explanations are not required. 2. The following four-column accounts have been opened: Cash, 101Accounts Receivable, 111; Office SI oplies, 121, Prepaid Insurance, 131: Land, 141; Building, 151; Furniture, 161; Accounts Payable, 201: Utilities Payable, 211; Notes Payable, 221; Common Stock,...
DE cott Jameson opened a translation business on January 2015 During the first month of perations,...
DE cott Jameson opened a translation business on January 2015 During the first month of perations, the business completed the following transactions 2 The business received $40,000 cash from Scott Jameson, which was deposited in a business bank account entitled Jameson Translation Service. 3 Purchased supplies, $750, and furniture. $2,800, on account. 3 Paid January rent expense, $1,100. 4 Performed translation services for a client and received cash $2.250. 7 Paid $28,000 cash to acquire land for a future office...
More Info 1 Trevor Moore opened a law office on January 1, 2024. During the first month of operation, the business completed IN (Click the icon to view the transactions) Read the requirements Requirement 1. Record each transaction in the journal, using the following account lifes Cash Account Receivable Payable: Moore, Capital, Moore, Withdrawals Service Revenue Salaries Expense Rent Expense, and Units Exped Jan. 1 Moore contributed 579,000 cash to the business, Trevor Moore, Attorney. The business gave capital to...
% P2-31A (similar to) Tony Monson opened a law office on January 1, 2018. During the first month of operations, the business completed the following transactions: Click the icon to view the transactions.) Read the requirements Requirement 3. Prepare the trial balance of Tony Monson, Attorney, at January 31, 2018 Review the ledger accounts for the month of January Tony Monson, Attorney Trial Balance January 31, 2018 Balance Account Title Debit Credit Cash Common Stock 79,000 Office Supplies 1.300 Furniture...
2 of 2 (0 complete) * More Info Jan. 1 Murphy contributed $78,000 cash to the business, Terrence Murphy, Attorney. The business issued common stock to Murphy. Purchased office supplies, $600, and furniture, $1,700, on account. Performed legal services for a client and received $1,000 cash. Purchased a building with a market value of $130,000, and land with a market value of $25,000. The business paid $25,000 cash and signed a note payable to the bank for the remaining amount....
HW Scott Jameson opened a translation business on January 2, 2015 During the first month of operations, the business completed the following transactions: Jan. 2 The business received $40,000 cash from Scott Jameson, which was deposited in a business bank account entitled Jameson Translation Service. Purchased supplies, $750, and furniture, $2,800, on account. Paid January rent expense, $1,100. Performed translation services for a client and received cash, $2,250. Paid $28,000 cash to acquire land for a future office site. Translated...
Ned the requirements Date Accounts Debit Credit Jan 30 Prepaid Insurance Cash 1080 1 080 TE Purchased a building with a market value of $120.000, and land with a market value of $25.000 The business paid 550 000 cash and signed anle payable to Jan.7 the bank for the remaining amount Jan. 11 Prepared legal documents for a client on account 5500 Jan. 15 Paid assistants semmonthly salary, 51200 Jan 16 Paid for the office supplies purchased on January 3...
the first month of P2-32A P2-31A Journalizing transactions, posting journal entries to four-colu accounts, and preparing a trial balance Terrence Murphy opened a law office on January 1, 2018. During the first m operations, the business completed the following transactions: 0,160 Jan. 1 Murphy contributed $78,000 cash to the business, Terrence Muro Attorney. The business gave capital to Murphy. 3 Purchased office supplies. $600, and furniture, $1,700, on account 4 Performed legal services for a client and received $1,000 cash....
ACG 2021 Sec 654- Petty Homework: Homework CH2 Score: 0 of 20 pts P2-31A (similar to) 6 of 8 (4 complete) 2018 During the first month of operations, the business completed the following transaction Trey Madden opened a law office on January 1, Click the icon to view the transactions) Requirement 1. Record each transaction in the journal, using the following account tities Cash Accounts Receivable, Office Supplies, Prepai Jan. 1 Madden contributed $63000 cash to the business, Trey Madden....
. Record each transaction in
the journal, using the following account titles: Cash; Accounts
Receivable; Office Supplies; Prepaid Insurance; Land; Building;
Furniture; Accounts Payable; Utilities Payable; Notes Payable;
Common Stock; Dividends; Service Revenue; Salaries Expense; Rent
Expense; and Utilities Expense. Explanations are not required.
(Record debits first, then credits. Exclude explanations from
journal entries. Check your spelling carefully and do not
abbreviate. When applicable, use only the account names provided in
the problem statement.)
Requirement 1. Record each transaction in...
1. Record each transaction in the journal, using the following account titles: Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Land, Building, Furniture; Accounts Payable; Utilities Payable; Notes Payable; Common Stock; Dividends; Service Revenue: Salaries Expense; Rent Expense; and Utilities Expense. Explanations are not required. 2. The following four-column accounts have been opened: Cash, 101Accounts Receivable, 111; Office SI oplies, 121, Prepaid Insurance, 131: Land, 141; Building, 151; Furniture, 161; Accounts Payable, 201: Utilities Payable, 211; Notes Payable, 221; Common Stock,...
DE cott Jameson opened a translation business on January 2015 During the first month of perations, the business completed the following transactions 2 The business received $40,000 cash from Scott Jameson, which was deposited in a business bank account entitled Jameson Translation Service. 3 Purchased supplies, $750, and furniture. $2,800, on account. 3 Paid January rent expense, $1,100. 4 Performed translation services for a client and received cash $2.250. 7 Paid $28,000 cash to acquire land for a future office...
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