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Nozomi | Journal Entries | ||
Date | Account | Debit | Credit |
April 1st | Cash | 45,000.00 | |
Computer Equipment | 20,000.00 | ||
Common Stock | 65,000.00 | ||
(being share capital raised by providing cash and Equipment) | |||
April 2nd | Rent Expense | 2,500.00 | |
Cash | 2,500.00 | ||
(being rent paid for the month) | |||
April 3rd | Office Supplies | 1,300.00 | |
Cash | 1,300.00 | ||
(being office supplies purchased) | |||
April 10th | Prepaid Insurance | 2,400.00 | |
Cash | 2,400.00 | ||
(being insurance expense paid for the year) | |||
April 14th | Salaries Expense | 1,700.00 | |
Cash | 1,700.00 | ||
(being salaries paid for two weeks.) | |||
April 24th | Cash | 15,500.00 | |
Commission Earned | 15,500.00 | ||
(being commission income earned) | |||
April 28th | Salaries Expense | 1,700.00 | |
Cash | 1,700.00 | ||
(being salaries paid for two weeks.) | |||
April 29th | Repairs Expense | 300.00 | |
Cash | 300.00 | ||
(being repairs paid in cash.) | |||
April 30th | Telephone Expense | 1,050.00 | |
Cash | 1,050.00 | ||
(being Telephone Bill paid in cash.) | |||
April 30th | Dividends | 1,700.00 | |
Cash | 1,700.00 | ||
(being dividends paid.) |
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred...
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April i Nozomi invested $30,000 cash and computer equipment worth $20,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $1,800 cash for the first month's (April) rent. 3 The company purchased $1,000 of office supplies for cash. 10 The company paid $2,400 cash for the premium on a 12-month insurance...
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. April 1 Nozomi invested $35,000 cash and computer equipment worth $25,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $2,000 cash for the first month’s (April) rent. 3 The company purchased $1,500 of office supplies for cash. 10 The company paid $2,300 cash for the premium on a 12-month insurance...
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. April 1 Nozomi invested $49,000 cash and computer equipment worth $35,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $2,800 cash for the first month’s (April) rent. 3 The company purchased $1,500 of office supplies for cash. 10 The company paid $3,000 cash for the premium on a 12-month insurance...
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $30,000 cash and computer equipment worth $20,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $1,800 cash for the first month's (April) rent. 3 The company purchased $1,000 of office supplies for cash. 10 The company paid $2,400 cash for the premium on a 12-month insurance...
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $39,000 cash and computer equipment worth $35,000 in the company. 2 The company rented furnished office space by paying $2,300 cash for the first month's (April) rent. 3 The company purchased $1,000 of office supplies for cash. 10 The company paid $2,200 cash for the premium on a 12-month insurance policy. Coverage begins on April...
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. April 1 Nozomi invested $35,000 cash and computer equipment worth $25,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $2,000 cash for the first month’s (April) rent. 3 The company purchased $1,500 of office supplies for cash. 10 The company paid $2,300 cash for the premium on a 12-month insurance...
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $43,000 cash and computer equipment worth $30,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $1,500 cash for the first month's (April) rent. 3 The company purchased $1,700 of office supplies for cash. 10 The company paid $2,700 cash for the premium on a 12-month insurance...
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. April 1 Nozomi invested $44,000 cash and computer equipment worth $25,000 in the company. 2 The company rented furnished office space by paying $2,400 cash for the first month’s (April) rent. 3 The company purchased $1,300 of office supplies for cash. 10 The company paid $2,300 cash for the premium on a 12-month insurance policy. Coverage begins on April...
On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $32,000 cash and computer equipment worth $30,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $2,800 cash for the first month's (April) rent. 3 The company purchased $1,300 of office supplies for cash. 10 The company paid $2,800 cash for the premiun on a 12-month...
On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. April 1 Nozomi invested $47,000 cash and computer equipment worth $35,000 in the company. 2 The company rented furnished office space by paying $1,700 cash for the first month’s (April) rent. 3 The company purchased $1,900 of office supplies for cash. 10 The company paid $2,700 cash for the premium on a 12-month insurance policy. Coverage begins on April...