Homework Answers
Ans :
| Cash | |||
| Beginning balance | 15000 | Accounts payable | 1500 |
| Bal | 13500 | ||
| 15000 | 15000 | ||
| Account payable | |||
| Cash | 1500 | Beginning balance | 0 |
| Bal | 1500 | office supplies | 3000 |
| 3000 | 3000 | ||
| Office supplies | |||
| Beginning balance | 0 | ||
| Accounts payable | 3000 | Bal | 3000 |
| 3000 | 3000 | ||
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Hector Smith Optical Dispensary completed the following transactions during the latter part of March: Purchased office...
art Optical Dispensary completed the following transactions during the latter part of March: Purchased office supplies...
art Optical Dispensary completed the following transactions during the latter part of March: Purchased office supplies on account, $2,800 Paid $800 on account equirements ent 1. Journalize the trans explanation on the last ling Requirements Record debits Purchased office supplies of Accou Journalize the transactions of Hector Dolkart Optical Dispensary. Include an explanation with each journal entry The following T-accounts have been opened for you. Cash (Beginning Balance of $18,000). Office Supplies and Accounts Payable. Post the journal entries from...
Silbert Sullivan Optical Dispensary completed the following transactions during the latter part of March: Mar. 15...
Silbert Sullivan Optical Dispensary completed the following transactions during the latter part of March: Mar. 15 Purchased office supplies on account, $3,800 28 Paid $1,200 on account Read the requirements. Requirement 1. Journalize the transactions of Gilbert Sullivan Optical Dispensary. Include an explanation with each journal entry. (Record debits first, then credits. Select the explanation on the last line of the Journal entry table.) Mar. 15. Purchased office supplies on account, $3,800 Date Accounts and Explanation Debit Credit Mar. 15...
6. Roland Foster Optical Dispensary completed the following transactions during the latter part of March: Print...
6. Roland Foster Optical Dispensary completed the following transactions during the latter part of March: Print Mar. 15 Purchased office supplies on account, $3,400 28 Paid $1,800 on account. Read the requirements Requirement 1. Journalize the transactions of Roland Foster Optical Dispensary. Include an explanation with each journal entry. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Mar. 15: Purchased office supplies on account, $3,400. Date Accounts and Explanation Debit Credit...
Roland Foster Optical Dispensary completed the following transactions during the latter part of March: Mar. 15...
Roland Foster Optical Dispensary completed the following transactions during the latter part of March: Mar. 15 28 Purchased office supplies on account, $3,400. Paid $1,800 on account. Requirements 1. Journalize the transactions of Roland Foster Optical Dispensary. Include an explanation with each journal entry. 2. Open the following accounts (use T-account format): Cash (Beginning Balance of $21,000), Office Supplies, and Accounts Pavable. Post the journal entries from Requirement to the accounts, and compute the balance in each account
During July, Smith Veterinary Clinic Ltd. completed the following transactions: (Click the icon to view the...
During July, Smith Veterinary Clinic Ltd. completed the following transactions: (Click the icon to view the transactions.) The clinic uses the following accounts: Cash, Accounts Receivable, Supplies, Land, Accounts Payable, Notes Payable, Common Shares, Dividends, Service Revenue, Salary Expense, Rent Expense, Utilities Expense, and Advertising Expense. Required 1. Journalize each transaction of Smith Veterinary Clinic Ltd. Explanations are not required. 2. Post to these T-accounts: Cash, Accounts Payable, and Notes Payable. More Info 3. After these transactions, how much cash...
Smith Computing, Inc. performed a transactional analysis to determine the effects of the transactions on their...
Smith Computing, Inc. performed a transactional analysis to determine the effects of the transactions on their accounting equation. (Click the icon to view the completed accounting equation analysis.) The following amounts summarize the financial position of Smith Computing, Inc., on September 30, 2018: (Click the icon to view the September 30, 2018|financial position.) During October 2018, Smith Computing completed these transactions: (Click the icon to view the transactions.) Read the requirements 0 Accounting Equation Analysis Requirement 1. Journalize the transactions...
Please need help! During July, Smith Veterinary Clinic Ltd. completed the following transactions: (Click the icon...
Please need help!
During July, Smith Veterinary Clinic Ltd. completed the following transactions: (Click the icon to view the transactions.) The clinic uses the following accounts: Cash, Accounts Receivable, Supplies, Land, Accounts Payable, Notes Payable, Common Shares, Dividends, Service Revenue, Salary Expense, Rent Expense, Utilities Expense, and Advertising Expense. Required 1. Journalize each transaction of Smith Veterinary Clinic Ltd. Explanations are not required. 2. Post to these T-accounts: Cash, Accounts Payable, and Notes Payable. 3. After these transactions, how much...
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the...
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: Oct 1 2 3 4 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, S40,000 Paid rent on office and equipment for the month, $4,800. Purchased supplies on account, $2,150. Paid creditor on account, $1,100. Earned sales commissions, receiving cash, 518,750. Paid automobile expenses (including rental charge) for month,...
Thank you so much! The following amounts summarize the financial position of Smith Computing, Inc., on...
Thank you so much!
The following amounts summarize the financial position of Smith Computing, Inc., on September 30, 2018: Click the icon to view the September 30, 2018 financial position) During October 2018, Smith Computing completed these transactions Click the icon to view the transactions) Smith Computing, Inc. performed a transactional analysis to determine the effects of the transactions on their accounting equation Click the icon to view the completed accounting equation analysis.) Read the girements Requirement 1. Journalize the...
P2-30A Journalizing transactions, posting journal entries to T-accounts, and preparing a trial balance. P2-30A Journalizing transactions,...
P2-30A Journalizing transactions, posting journal entries to
T-accounts, and preparing a trial balance.
P2-30A Journalizing transactions, posting journal entries to T-accounts, and preparing a trial balance Learning Objectives 3,4 4 Toal Debits $50.050 Doris Sewart sarted her practice as a design consulant on September 1, 2015. During the first month of operations, the business completed the following transactions Sep. 1 Received $42,000 cash and gave capital to Stewart 4 Purchased office supplies, $700, and furniture, $1,900, on account 6 Performed...
art Optical Dispensary completed the following transactions during the latter part of March: Purchased office supplies on account, $2,800 Paid $800 on account equirements ent 1. Journalize the trans explanation on the last ling Requirements Record debits Purchased office supplies of Accou Journalize the transactions of Hector Dolkart Optical Dispensary. Include an explanation with each journal entry The following T-accounts have been opened for you. Cash (Beginning Balance of $18,000). Office Supplies and Accounts Payable. Post the journal entries from...
Silbert Sullivan Optical Dispensary completed the following transactions during the latter part of March: Mar. 15 Purchased office supplies on account, $3,800 28 Paid $1,200 on account Read the requirements. Requirement 1. Journalize the transactions of Gilbert Sullivan Optical Dispensary. Include an explanation with each journal entry. (Record debits first, then credits. Select the explanation on the last line of the Journal entry table.) Mar. 15. Purchased office supplies on account, $3,800 Date Accounts and Explanation Debit Credit Mar. 15...
6. Roland Foster Optical Dispensary completed the following transactions during the latter part of March: Print Mar. 15 Purchased office supplies on account, $3,400 28 Paid $1,800 on account. Read the requirements Requirement 1. Journalize the transactions of Roland Foster Optical Dispensary. Include an explanation with each journal entry. (Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Mar. 15: Purchased office supplies on account, $3,400. Date Accounts and Explanation Debit Credit...
Roland Foster Optical Dispensary completed the following transactions during the latter part of March: Mar. 15 28 Purchased office supplies on account, $3,400. Paid $1,800 on account. Requirements 1. Journalize the transactions of Roland Foster Optical Dispensary. Include an explanation with each journal entry. 2. Open the following accounts (use T-account format): Cash (Beginning Balance of $21,000), Office Supplies, and Accounts Pavable. Post the journal entries from Requirement to the accounts, and compute the balance in each account
During July, Smith Veterinary Clinic Ltd. completed the following transactions: (Click the icon to view the transactions.) The clinic uses the following accounts: Cash, Accounts Receivable, Supplies, Land, Accounts Payable, Notes Payable, Common Shares, Dividends, Service Revenue, Salary Expense, Rent Expense, Utilities Expense, and Advertising Expense. Required 1. Journalize each transaction of Smith Veterinary Clinic Ltd. Explanations are not required. 2. Post to these T-accounts: Cash, Accounts Payable, and Notes Payable. More Info 3. After these transactions, how much cash...
Smith Computing, Inc. performed a transactional analysis to determine the effects of the transactions on their accounting equation. (Click the icon to view the completed accounting equation analysis.) The following amounts summarize the financial position of Smith Computing, Inc., on September 30, 2018: (Click the icon to view the September 30, 2018|financial position.) During October 2018, Smith Computing completed these transactions: (Click the icon to view the transactions.) Read the requirements 0 Accounting Equation Analysis Requirement 1. Journalize the transactions...
Please need help!
During July, Smith Veterinary Clinic Ltd. completed the following transactions: (Click the icon to view the transactions.) The clinic uses the following accounts: Cash, Accounts Receivable, Supplies, Land, Accounts Payable, Notes Payable, Common Shares, Dividends, Service Revenue, Salary Expense, Rent Expense, Utilities Expense, and Advertising Expense. Required 1. Journalize each transaction of Smith Veterinary Clinic Ltd. Explanations are not required. 2. Post to these T-accounts: Cash, Accounts Payable, and Notes Payable. 3. After these transactions, how much...
On October 1, 20Y6, Jay Crowley established Affordable Realty, which completed the following transactions during the month: Oct 1 2 3 4 Jay Crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, S40,000 Paid rent on office and equipment for the month, $4,800. Purchased supplies on account, $2,150. Paid creditor on account, $1,100. Earned sales commissions, receiving cash, 518,750. Paid automobile expenses (including rental charge) for month,...
Thank you so much!
The following amounts summarize the financial position of Smith Computing, Inc., on September 30, 2018: Click the icon to view the September 30, 2018 financial position) During October 2018, Smith Computing completed these transactions Click the icon to view the transactions) Smith Computing, Inc. performed a transactional analysis to determine the effects of the transactions on their accounting equation Click the icon to view the completed accounting equation analysis.) Read the girements Requirement 1. Journalize the...
P2-30A Journalizing transactions, posting journal entries to
T-accounts, and preparing a trial balance.
P2-30A Journalizing transactions, posting journal entries to T-accounts, and preparing a trial balance Learning Objectives 3,4 4 Toal Debits $50.050 Doris Sewart sarted her practice as a design consulant on September 1, 2015. During the first month of operations, the business completed the following transactions Sep. 1 Received $42,000 cash and gave capital to Stewart 4 Purchased office supplies, $700, and furniture, $1,900, on account 6 Performed...
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