On June 1, 2017, a cheque in the amount of $5,160 was issued for a two-year...
Homework Answers
Entry :
| Date | account and explanation | debit | credit |
| June 1 | Operating expense | 5160 | |
| Cash | 5160 | ||
| Dec 31 | Prepaid expense (5160*7/24) | 1505 | |
| Operating expense | 1505 | ||
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On June 1, 2017, a cheque in the amount of $5,160 was issued
for a two-year...
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GENERAL LEDGER IN LAST 3 PHOTOS
Post the transactions for June 1 - 30 to the General
Ledger. Opening balances have been provided above. Be sure to keep
running balance in each account.
Case Study Full Accounting Cycle Melissa Days and Kelly Harbor formed the Corporation Sports R Us. They sell sporting goods and give lessons. They have hired you to update their transactions for the business. They have provided you with the opening balances and a list of transactions...
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