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Kelly Jones and Tami Crawford borrowed $13,200 on a 7-month, 5% note from Gem State...
Kelly Jones and Tami Crawford borrowed $25,500 on a 7-month, 4% note from Gem State Bank...
Kelly Jones and Tami Crawford borrowed $25,500 on a 7-month, 4% note from Gem State Bank to open their business, Sunland's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1 eTextbook and Media List of Accounts...
Kelly Jones and Tami Crawford borrowed $36,000 on a 7-month, 4% note from Gem State Bank...
Kelly Jones and Tami Crawford borrowed $36,000 on a 7-month, 4% note from Gem State Bank to open their business, Ivanhoe's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023 Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation June 1 SHOW LIST OF ACCOUNTS LINK TO...
Kelly Jones and Tami Crawford borrowed $13,800 on a 7-month, 10% note from Gem State Bank...
Kelly Jones and Tami Crawford borrowed $13,800 on a 7-month, 10% note from Gem State Bank to open their business, Cullumber's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1 eTextbook and Media List of Accounts...
Kelly Jones and Tami Crawford borrowed $15,750 on a 7-month, 8% note from Gem State Bank...
Kelly Jones and Tami Crawford borrowed $15,750 on a 7-month, 8%
note from Gem State Bank to open their business, JC’s Coffee House.
The money was borrowed on June 1, 2017, and the note matures
January 1, 2018.
Prepare the entry to record the receipt of the funds from the
loan. (Credit account titles are automatically indented
when amount is entered. Do not indent
manually.)
Date
Account Titles and Explanation
Debit
Credit
June 1
Prepare the entry to accrue the...
Kelly Jones and Tami Crawford borrowed $10,500 on a 7-month, 8% note from Gem State Bank...
Kelly Jones and Tami Crawford borrowed $10,500 on a 7-month, 8% note from Gem State Bank to open their business, JC’s Coffee House. The money was borrowed on June 1, 2017, and the note matures January 1, 2018. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1 Cash 10500 Notes Payable 10500 Prepare...
Kelly Jones and Taml Crawford borrowed $24,000 on a 7-month, 8% note from Gem State Bank...
Kelly Jones and Taml Crawford borrowed $24,000 on a 7-month, 8% note from Gem State Bank to open their business, Sunland's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation June 1 Prepare the entry to accrue the...
Kelly Jones and Tami Crawford borrowed $26,000 on a 7-month, 6% note from Gem State Bank...
Kelly Jones and Tami Crawford borrowed $26,000 on a 7-month, 6% note from Gem State Bank to open their business, JC's Coffee House. The money was borrowed on June 1, 2017, and the ne matures January 1, 2018. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation 26000 June 1 Notes Payable 910 Interest Payable...
Kelly Jones and Tami Crawford borrowed $ 12,000 on a 7-month, 6% note from Gem State Bank to...
Kelly Jones and Tami Crawford borrowed $ 12,000 on a 7-month, 6% note from Gem State Bank to open their business, JC’s Coffee House. The money was borrowed on June 1, 2017, and the note matures January 1, 2018. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1 enter an account title to record the...
Exercise 10-1 (Part Level Submission) Kelly Jones and Tami Crawford borrowed $30,000 on a 7-month, 5...
Exercise 10-1 (Part Level Submission) Kelly Jones and Tami Crawford borrowed $30,000 on a 7-month, 5 % note from Gem State Bank to open their business, JC's Coffee House. The money was bomed on June 1, 2017, and the note matures January 1, 2018. (a) Your an swer is correct. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered Do not indent manually.) Debit Credit Date...
Kelly Jones and Tami Crawford borrowed $12,000 on a 7-month, % note from Gem State Bank...
Kelly Jones and Tami Crawford borrowed $12,000 on a 7-month, % note from Gem State Bank to open their business, JC's Coffee Prepare the ertry to record the receiot of the funds from the loan (Credit acceunt tiles are automatically indented when ameunt is entered. Do not indend manualy Date Account Titles and Explanation House. The money was bomewed on June 1, 2017, and the note matures January 1, 2018. Credt Prepare the entry to accrue the rterest on >ne...
Kelly Jones and Tami Crawford borrowed $25,500 on a 7-month, 4% note from Gem State Bank to open their business, Sunland's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1 eTextbook and Media List of Accounts...
Kelly Jones and Tami Crawford borrowed $36,000 on a 7-month, 4% note from Gem State Bank to open their business, Ivanhoe's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023 Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation June 1 SHOW LIST OF ACCOUNTS LINK TO...
Kelly Jones and Tami Crawford borrowed $13,800 on a 7-month, 10% note from Gem State Bank to open their business, Cullumber's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered Do not indent manually.) Date Account Titles and Explanation Debit Credit June 1 eTextbook and Media List of Accounts...
Kelly Jones and Tami Crawford borrowed $15,750 on a 7-month, 8%
note from Gem State Bank to open their business, JC’s Coffee House.
The money was borrowed on June 1, 2017, and the note matures
January 1, 2018.
Prepare the entry to record the receipt of the funds from the
loan. (Credit account titles are automatically indented
when amount is entered. Do not indent
manually.)
Date
Account Titles and Explanation
Debit
Credit
June 1
Prepare the entry to accrue the...
Kelly Jones and Taml Crawford borrowed $24,000 on a 7-month, 8% note from Gem State Bank to open their business, Sunland's Coffee House. The money was borrowed on June 1, 2022, and the note matures January 1, 2023. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation June 1 Prepare the entry to accrue the...
Kelly Jones and Tami Crawford borrowed $26,000 on a 7-month, 6% note from Gem State Bank to open their business, JC's Coffee House. The money was borrowed on June 1, 2017, and the ne matures January 1, 2018. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation 26000 June 1 Notes Payable 910 Interest Payable...
Exercise 10-1 (Part Level Submission) Kelly Jones and Tami Crawford borrowed $30,000 on a 7-month, 5 % note from Gem State Bank to open their business, JC's Coffee House. The money was bomed on June 1, 2017, and the note matures January 1, 2018. (a) Your an swer is correct. Prepare the entry to record the receipt of the funds from the loan. (Credit account titles are automatically indented when amount is entered Do not indent manually.) Debit Credit Date...
Kelly Jones and Tami Crawford borrowed $12,000 on a 7-month, % note from Gem State Bank to open their business, JC's Coffee Prepare the ertry to record the receiot of the funds from the loan (Credit acceunt tiles are automatically indented when ameunt is entered. Do not indend manualy Date Account Titles and Explanation House. The money was bomewed on June 1, 2017, and the note matures January 1, 2018. Credt Prepare the entry to accrue the rterest on >ne...
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