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Journal entries
Page 2
Questions (210)
Rented an office and paid three months rent in advance to property Management check #001 $4,500. How would this journal entry be
2 answers
asked by
Maria
592 views
On December 1,2016, AJNB Company commences its operation. The following transactions occured for the month of December 2016.
a.)
2 answers
asked by
Normie Escalante
705 views
On March 31 a post closing trial balance was completed On April 4, the business purchased a new truck on account. The residual
2 answers
asked by
Michelle
517 views
If a cashier rang up sales totaling $5,098, but had $5,105 to deposit, which journal entry would be recorded?
A debit to Cash for
1 answer
asked by
Lexis
458 views
How can I make journal entry for a corporation called H who is authorized to issue 100000 shares of $ 20 par common stock & 5000
2 answers
asked by
Adugna
538 views
a) Purchased equipment on account for $950
b) Paid $600 on equipment purchased in transaction (a) How do I post (b) to the
1 answer
asked by
Cami
424 views
On December 1, Year1, El Primero Company purchases inventory from a foreign supplier for 40,000 coronas. Payment will be made in
1 answer
asked by
David
1,026 views
A credit to a liability account was posted to an owner's equity account. This would cause __________.
A. assets to be overstated
3 answers
asked by
Karen
2,555 views
Ellis Co. sold merchandise to Rather Co. on account, $7,150, terms 2/15, n/30. The cost of merchandise sold is $4,290. Ellis Co.
1 answer
asked by
Arya Pal
958 views
the board of directors declares 15% stock dividend on10000 outstanding shares of$20 per common stock. Thee current market value
1 answer
asked by
jason
430 views
The Bean Company makes a sale with an invoice price of $97,000 on 10/1/14. The note is due on 10/1/17. There is no interest rate
1 answer
asked by
scott
452 views
On Sept. 1, 2012, Parsons Company purchased $84,000 10 year 7% government bonds at 100 plus accrued interest. The semi-annual
1 answer
asked by
Dan
770 views
how to journalize an transaction
1 answer
asked by
journalizing
313 views
You, the owner of XYZ Day Care, buy a new van for your business. The van costs $20,000, all of which you borrow from First
2 answers
asked by
Amanda
526 views
You, the owner of XYZ Day Care, buy a new van for your business. The van costs $20,000, all of which you borrow from First
1 answer
asked by
Amanda
461 views
Journal Entries Under the Perpetual Inventory System
Bhushan Building Supplies entered into the following transactions.
1 answer
asked by
Anthony
463 views
Pike Corporation paid $100,000 for a 10% interest in Salmon Corp. on January 1, 2010, when
Salmon's stockholders' equity
4 answers
asked by
shosh
1,261 views
What is the journal entry for a $10,000 deposit in exchange for $10,000 worth of common stock ?
Would I name that account common
1 answer
asked by
Morgan
395 views
Timberly Construction negotiates a lump-sum purchase of several assets from a company that is going out of business. The
3 answers
asked by
Jamie
1,704 views
Wendell Corporation exchanged an old truck and $25,500 cash for a new truck.
The old truck had a book value of $6,000 (original
3 answers
asked by
angela
1,375 views
A bauxite mine was acquired at a cost of $1,500,000 and estimated to contain 6,000,000 tons of ore. During the year, 95,000 tons
1 answer
asked by
kathy
449 views
What should I credit in this journal entry: If the owner of a company puts 50,000 of his own money into the company and gets
1 answer
asked by
sara
396 views
On october 31 A fund accrued 2000.00 for legal fees. In November 2000 the fund received an invoice. for October 2008 legal fees
1 answer
asked by
Dynel
814 views
owner got personal loan from his bank and sign note payable.what is the journal entries?
1 answer
asked by
naomie
823 views
The t/p bill for this month was 200,the company will pay it next month
what is the journal entry for this?
1 answer
asked by
naomie
327 views
The t/p bill for this month was 200,the company will pay it next month
what is the journal entry for this?
1 answer
asked by
naomie
366 views
Harwick Company Exercise 5-2
1. on April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB
5 answers
asked by
Tomika
1,656 views
Solar Company has 600,000 shares of $75 par common stock outstanding. On February 13, Solar declared a 3% stock dividend to be
1 answer
asked by
Ant
967 views
On April 1, 2011, Albert Company purchased $50,000 of Tetter Company’s 12% bonds at 100 plus accrued interest of $2,000. On
2 answers
asked by
Mike
543 views
Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and
3 answers
asked by
Mike
1,399 views
Jacks Corporation purchases $200,000 bonds plus accrued interest for 2 months of $2,000 from Kennedy Company on March 1. The
2 answers
asked by
Mike
815 views
Test question: On July 31, 2012, Buddy’s Bathtub Renovations Inc. invested $98,000 in U.S. Treasury bills. The bills mature in
1 answer
asked by
Anonymous
480 views
Easy Move Company made the following expenditures on one of its delivery trucks:Feb. 4.Replaced transmission at a cost of
1 answer
asked by
steph
392 views
On April 25, 2010, Bullseye Company purchased all of the outstanding common stock of Vista Company, paying $14,000,000. The book
2 answers
asked by
Lisa
564 views
How would the journal entry look if you sold a 8% bond with a face value of $11,000 for $9,500? Bond will mature in 10 years.
1 answer
asked by
Sam
374 views
partner investments, journal entries. The LP partnership was formed on January 1,19X7, by investments from bill levy and marv
1 answer
asked by
tracy
386 views
Michigan Corporation purchased a new truck on January 1, 2013 for $55,000 cash. Michigan estimated salvage value of $10,000 at
1 answer
asked by
Renee
913 views
You issue a $120,000 bond at par on March 31 due in 10 years that pays 11%.
You pay interest on September 30. You pay off the
1 answer
asked by
Kimmie
457 views
Journalize the following transactions for Tammy Company:
Sept. 1 Sold $3,500 of merchandise to Jim on account Oct. 1 Exchanged
1 answer
asked by
Rescueme417
487 views
Journalize the following transactions and omit the explanations.
A. ABC Corporation purchased $15,000 of office furniture by
2 answers
asked by
Rescueme417
809 views
purchase of a machine for $2000 was expensed. The machine has a four year life , no residual value , and straight line
1 answer
asked by
mary
335 views
goods in transit, purchased on credit and shipped FOB destination. $10000 . were included in purchases but not in the ending
1 answer
asked by
mary
368 views
The journal entry to record the withdrawal of cash by Sue Snow, the owner, to pay a personal utility bill would include a debit
2 answers
asked by
t
645 views
accounting question
[prepare journal entries for the year end adjustment] A fire broke out in the office during the year. the
2 answers
asked by
michelle
512 views
Assume that equipment with a balance in the equipment account of $7,200 is discarded. The balance in the Accumulated
1 answer
asked by
r
401 views
On January 1, 2008 Touring company agreed to buy some equipment from Jones Company. Touring company signed a note,agreeing to
1 answer
asked by
Jamie
471 views
examples from the manufacturing industry of:
o a journal entry that would be recorded that impacts the balance sheet
1 answer
asked by
Ruth
301 views
Our company bought the fully-depreciated personal car of our General manager. What is the proper and correct journal entry?
1 answer
asked by
Benjo
382 views
I need HELP in journalizing the following please:
February 1 Paid $3,750 accounts payable balance due to a supplier. March 15
1 answer
asked by
Jan
664 views
Is Depreciation expense recorded in the General Journal?
1 answer
asked by
Natalie
325 views
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Parent Categories (42)
Accounting
Accounting and Finance
Accounting Basics
Accounts Receivable
Adjusting Entries
Banking
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Inventory Management
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Perpetual Inventory System
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