9/2 You purchased office furniture from Business World Supplies in the amount of $1750. You issued...
9/2 You purchased office furniture from Business World Supplies in the amount of $1750. You issued check #101 to pay for the items. NOTE: The total for the office furniture is below the capitalization threshold.
Prepare General Journal entry
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9/2 You purchased office furniture from Business World Supplies
in the amount of $1750. You issued...
A. Issued a check for $990 to pay the monthly rent Issued a $1,200 check to...
A. Issued a check for $990 to pay the monthly rent Issued a $1,200 check to pay a creditor on account. C. Purchased new equipment for $360 and pal $05 mmediately by check with the remainder due In 30 d in 30 days D. Provided services on credit in the amount of $840. E. Performed services for cash in the amount of $1,280. F. The owner made an additional investment of $5,400 in cash and $950 in equipment G. Purchased...
what is account 202 in general ledger? Please make chart similar so I can understand how you solved the question. On Oct...
what is account 202 in general
ledger? Please make chart similar so I can understand how you
solved the question.
On October 1, 2019, Helen Kennedy opened an advertising agency DATE TRANSACTIONS Oct. 1 Helen Kennedy invested $68,889 cash in the business 2 Paid October office rent of $3,480; issued Check 1801 5 Purchased desks and other office furniture for $13,28 from Office Furniture Mart, Inc. received Invoice 6784 payable in 68 days 6 Issued Check 1882 for $3,600 to...
On October 1, 2019, Helen Kennedy opened an advertising agency. DATE TRANSACTIONS Oct. 1 Helen Kennedy...
On October 1, 2019, Helen Kennedy opened an advertising agency. DATE TRANSACTIONS Oct. 1 Helen Kennedy invested $62,000 cash in the business 2 Paid 0ctober office rent of $3,100; issued Check 1001 5 Purchased desks and other office furniture for $13, 800 from Office Furniture Mart, Inc.; received Invoice 6704 payable in 60 days 6 Issued Check 1002 for $3,300 to purchase art equipment. 7 Purchased supplies for $1, 650; paid with Ccheck 100:3 10 Issued Check 1004 for $480...
On October 1, 2016. Satillo Richey opened an advertising agency. DATE TRANSACTIONS Oct. 1 Satillo Richey...
On October 1, 2016. Satillo Richey opened an advertising agency. DATE TRANSACTIONS Oct. 1 Satillo Richey invested $52,000 cash in the business 2 Paid October office rent of $2,600; issued Check 1001. 5 Purchased desks and other office furniture for $14,200 from Office Furniture Mart, Inc., received Invoice 6704 payable in 60 days. 6 Issued Check 1002 for $2.800 to purchase art equipment 7 Purchased supplies for $1,150; paid with Check 1003. 10 Issued Check 1004 for $520 for office...
Pitney Co. purchased an office building, land, and furniture for $747,600 cash. The appraised value of the assets was as...
Pitney Co. purchased an office building, land, and furniture for $747,600 cash. The appraised value of the assets was as follows: Land $ 92,104 Building 267,940 Furniture 477,268 Total $ 837,312 Required a. Compute the amount to be recorded on the books for each asset. b. Show the purchase in a horizontal statements model like the following one: c. Prepare the general journal entry to record the purchase.
The following transactions took place at the Cook Employment Agency during November 2019. DATE TRANSACTIONS Nov....
The following transactions took place at the Cook Employment Agency during November 2019. DATE TRANSACTIONS Nov. 5 Performed services for Job Search, Inc., for $28,000 received $13,000 in cash and the client promised to pay the balance in 60 days 18 Purchased a graphing calculator for $365 and some supplies for $515 from Office Supply; issued Check 1008 for the total. 23 Received Invoice 1602 for $1,500 from Automotive Technicians Repair for repairs to the firm's automobile; issued Check 1009...
Required information Business Sim Corp. (BSC) issued 1,000 common shares to Kelly in exchange for $11,000....
Required information Business Sim Corp. (BSC) issued 1,000 common shares to Kelly in exchange for $11,000. BSC borrowed $32,000 from the bank, promising to repay it in two years. BSC paid $37,000 for computer equipment with check number 101 and signed a note for $4,000 due in six months. BSC received $550 of supplies purchased on account. BSC's loan contains a clause ("covenant") that requires BSC to maintain a ratio of current assets to current liabilities of at least 1.3....
On June 1, 2019, Jenna Davis opened the Leadership Coaching Agency DATE TRANSACTION June 1 Jenna...
On June 1, 2019, Jenna Davis opened the Leadership Coaching Agency DATE TRANSACTION June 1 Jenna Davis invested $40,Θ00 cash to start the business. 2 Issued Check 201 for $2,000 to pay the June rent for the office 3 Purchased desk and other office furniture for $12,ΘΘΘ from Lowe's Office Supply, Invoice 5103; issued Check 202 for a $2,000 down payment with the balance due in 30 days. 4 Issued Check 2Θ3 for $1,700 for supplies. 6 Performed services for...
Digital world is a retail store that sells cameras and photography supplies the firms credit purchases...
Digital world is a retail store that sells cameras and photography
supplies the firms credit purchases and purchases returns and
allowance transactions for June 2019 appear below along with the
general ledger account used to record these transactions the
balance shown in accounts payable is for the beginning of June.
what amount is owed to nano glass on June 30?
Digital World is a retail store that sells cameras and photography supplies. The firm's credit purchases and purchases returns and...
O'Brien Construction had the following business activities: 1. Stockholders invest $50,000 cash in the corporation. 2....
O'Brien Construction had the following business activities: 1. Stockholders invest $50,000 cash in the corporation. 2. O'Brien purchased $800 of office supplies on credit. 3. O'Brien purchased office equipment for $14,000, paying $5,000 in cash and signing a 30-day note payable for the remainder. 4. O'Brien paid $400 cash on account for office supplies purchased in transaction 2. 5. O'Brien purchased two acres of land for $20,000, signing a 2-year note payable. 6. O'Brien sold one acre of land at...
A. Issued a check for $990 to pay the monthly rent Issued a $1,200 check to pay a creditor on account. C. Purchased new equipment for $360 and pal $05 mmediately by check with the remainder due In 30 d in 30 days D. Provided services on credit in the amount of $840. E. Performed services for cash in the amount of $1,280. F. The owner made an additional investment of $5,400 in cash and $950 in equipment G. Purchased...
what is account 202 in general
ledger? Please make chart similar so I can understand how you
solved the question.
On October 1, 2019, Helen Kennedy opened an advertising agency DATE TRANSACTIONS Oct. 1 Helen Kennedy invested $68,889 cash in the business 2 Paid October office rent of $3,480; issued Check 1801 5 Purchased desks and other office furniture for $13,28 from Office Furniture Mart, Inc. received Invoice 6784 payable in 68 days 6 Issued Check 1882 for $3,600 to...
On October 1, 2019, Helen Kennedy opened an advertising agency. DATE TRANSACTIONS Oct. 1 Helen Kennedy invested $62,000 cash in the business 2 Paid 0ctober office rent of $3,100; issued Check 1001 5 Purchased desks and other office furniture for $13, 800 from Office Furniture Mart, Inc.; received Invoice 6704 payable in 60 days 6 Issued Check 1002 for $3,300 to purchase art equipment. 7 Purchased supplies for $1, 650; paid with Ccheck 100:3 10 Issued Check 1004 for $480...
On October 1, 2016. Satillo Richey opened an advertising agency. DATE TRANSACTIONS Oct. 1 Satillo Richey invested $52,000 cash in the business 2 Paid October office rent of $2,600; issued Check 1001. 5 Purchased desks and other office furniture for $14,200 from Office Furniture Mart, Inc., received Invoice 6704 payable in 60 days. 6 Issued Check 1002 for $2.800 to purchase art equipment 7 Purchased supplies for $1,150; paid with Check 1003. 10 Issued Check 1004 for $520 for office...
The following transactions took place at the Cook Employment Agency during November 2019. DATE TRANSACTIONS Nov. 5 Performed services for Job Search, Inc., for $28,000 received $13,000 in cash and the client promised to pay the balance in 60 days 18 Purchased a graphing calculator for $365 and some supplies for $515 from Office Supply; issued Check 1008 for the total. 23 Received Invoice 1602 for $1,500 from Automotive Technicians Repair for repairs to the firm's automobile; issued Check 1009...
Required information Business Sim Corp. (BSC) issued 1,000 common shares to Kelly in exchange for $11,000. BSC borrowed $32,000 from the bank, promising to repay it in two years. BSC paid $37,000 for computer equipment with check number 101 and signed a note for $4,000 due in six months. BSC received $550 of supplies purchased on account. BSC's loan contains a clause ("covenant") that requires BSC to maintain a ratio of current assets to current liabilities of at least 1.3....
On June 1, 2019, Jenna Davis opened the Leadership Coaching Agency DATE TRANSACTION June 1 Jenna Davis invested $40,Θ00 cash to start the business. 2 Issued Check 201 for $2,000 to pay the June rent for the office 3 Purchased desk and other office furniture for $12,ΘΘΘ from Lowe's Office Supply, Invoice 5103; issued Check 202 for a $2,000 down payment with the balance due in 30 days. 4 Issued Check 2Θ3 for $1,700 for supplies. 6 Performed services for...
Digital world is a retail store that sells cameras and photography
supplies the firms credit purchases and purchases returns and
allowance transactions for June 2019 appear below along with the
general ledger account used to record these transactions the
balance shown in accounts payable is for the beginning of June.
what amount is owed to nano glass on June 30?
Digital World is a retail store that sells cameras and photography supplies. The firm's credit purchases and purchases returns and...
O'Brien Construction had the following business activities: 1. Stockholders invest $50,000 cash in the corporation. 2. O'Brien purchased $800 of office supplies on credit. 3. O'Brien purchased office equipment for $14,000, paying $5,000 in cash and signing a 30-day note payable for the remainder. 4. O'Brien paid $400 cash on account for office supplies purchased in transaction 2. 5. O'Brien purchased two acres of land for $20,000, signing a 2-year note payable. 6. O'Brien sold one acre of land at...
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