Search: For each of the journal entries, prepare an explanation of the business event that is being

Number of results: 3,914

Anonymous
For Pose for Pics, prepare journal entries, T-accounts and a trial balance Pose for Pics Preparing journal entries and trial balances Exercise 2-4 Prepare general journal entries for the following transaction of a new business called Pose for Pics. (please use Excel) Aug. 1 -...
Friday, May 30, 2008 at 12:15am by hello

Math
On July 15,2009, the Nixon Car Company purchased 1,000 tires from the Harwell Company for $50 each. The terms for the sale were 2/10, n/30. Nixon uses a periodic inventory system and the net method of accounting for purchase discounts. 1. prepare the journal entries to record ...
Sunday, March 20, 2011 at 1:56pm by Bobbi Loffredo

accounting
Here are some accounting sites which you may find useful: http://search.yahoo.com/search?fr=mcafee&p=how+to+prepare+adjusting+year-end+journal+entries Sra
Tuesday, April 6, 2010 at 7:25pm by SraJMcGin

Math
The question is to prepare the necessary journal entries to record the above expenditures.
Saturday, April 2, 2011 at 4:39pm by Anonymous

accounting
To post proof for the day means to A. total the columns on the journal and add and subtract totals as required. B. match the journal entries against the ledger to detect errors. C. prepare a bank reconciliation statement. D. add in any accounts receivable that came in the mail
Friday, May 30, 2008 at 9:37pm by himaat

accounting ..urgent pls
Here are some sites on journal entries to try: http://search.yahoo.com/search?fr=mcafee&p=journal+entries Sra
Wednesday, June 1, 2011 at 7:06pm by SraJMcGin

acc. 205
partner investments, journal entries. The LP partnership was formed on January 1,19X7, by investments from bill levy and marv parcells. levy contributed $30,000 cash and 80,000 of land. Parcells contributed cash of $50,000 and equipment with a value of $20,000. prepare the ...
Friday, March 29, 2013 at 1:05pm by tracy

Accounting
For each of the journal entries, prepare an explanation of the business event that is being represented
Monday, November 29, 2010 at 11:38pm by Carol Masters

journal entries and trail balances
Prepare an August 31 trial balance for Pose-for Pics.
Sunday, August 10, 2008 at 3:51pm by Kathy

college financial planning
How do i prepare journal entries when they ask you to record perpetual system merchandising transactions of a company?
Sunday, March 7, 2010 at 10:10pm by Andre

journal entries and trail balances
Prepare general journal entries for the following transactions of a new business called Pose for Pics. Aug 1 Hashim Paris, the owner, invested $7,500 cash and 32,500 of photography equipment in the business. Aug. q, Paid $3,000 cash for an insurance policy covering the next 24...
Sunday, August 10, 2008 at 3:51pm by Kathy

acct ch2
use information from T-account in exercise 2-15 to prepare general journal entries for each of the seven transaction a through g
Friday, March 4, 2011 at 6:49am by Anonymous

advance accounting
consolidation,prepare the journal entries on books of phillips to recod the acquistion of solina company's net assets
Wednesday, February 16, 2011 at 12:40am by Anonymous

accounting
P4-2A The adjusted trial balance columns of the worksheet for Porter Company are as follows. PORTER COMPANY Worksheet For the Year Ended December 31, 2008 Adjusted Account Trial Balance No. Account Titles Dr. Cr. 101 Cash 18,800 112 Accounts Receivable 16,200 126 Supplies 2,...
Thursday, February 9, 2012 at 10:24am by Beth

accounting
Your review of the general ledger of Home Interior Improvements and Designs Company reveals a beginning capital balance of $25,000. You also review the general journal for the accounting period and find the closing entries shown on the next page.Prepare a general journal entry...
Thursday, February 23, 2012 at 9:19am by Colleen

accounts
Analyze the transactions and do the following:- 1. Post to T Accounts 2. Prepare a Chart of Account 3. Record in the General Journal 4. Post to the General Ledger 5. Prepare a Trial Balance 6. Prepare a Six Column Worksheet 7. Prepare an Income Statement 8. Prepare a Capital ...
Tuesday, November 25, 2008 at 2:58pm by jimmy

Financial Accounting
Prepare the general journal entries for the following transactions: Jan 2, 2011 -- Purchased land with a building on it for $750,000. The land is worth $300,000. Paid $150,000 cash down and signed a mortgage payable for the balance. Dec. 31, 2011--Depreciation is computed ...
Thursday, February 16, 2012 at 3:21pm by Diane

Accounting question
How are posting procedures for closing entries and for other general journal entries different?
Wednesday, November 29, 2006 at 2:08am by Anonymous

account (urgent!!pls help)
accounting question [prepare journal entries for the year end adjustment] A fire broke out in the office during the year. the insurance company agreed to pay compensation of $3000 to the company in December 2009.No entries for this compensation were made at the year end.This ...
Sunday, July 8, 2012 at 9:25am by michelle

accounting
Try some of the following links for information: http://www.google.com/search?q=how+to+prepare+journal+entries+after+a+perpetual+inventry+card+using+fifo&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a Sra
Monday, November 14, 2011 at 10:14am by SraJMcGin

accounting
E4-19 On December 31, the adjusted trial balance of Oslo Employment Agency shows the following selected data. Accounts Receivable $24,000 Commission Revenue $92,000 Interest Expense 7,800 Interest Payable 1,500 Analysis shows that adjusting entries were made to (1) accrue $4,...
Thursday, January 26, 2012 at 9:51pm by bill

Accounting 225
Use the information in Exercise 2-4 to prepare an August 31 trial balance for Pose-for-Pics. Open these T-accounts: Cash; Office Supplies; Prepaid Insurance; Photography Equipment; H. Paris, Capital; Photography Fees Earned; and Utilities Expense. Post the general journal ...
Tuesday, August 10, 2010 at 9:20pm by Amanda

financial acct
Crowns issed 40,000 shares of $5 par value common stock for $14 per share. Prepare journal entries using a chart of acct.
Thursday, January 24, 2013 at 7:51pm by cheryl

Advanced accounting
Hanna Company borrows $80,000 on July 1 from the bank by signing a $80,000, 10%, one-year note payable. Correct. Prepare the journal entry to record the proceeds of the note. Date Account/Description Debit Credit July 1 Incorrect. Prepare the journal entry to record accrued ...
Thursday, April 7, 2011 at 11:12am by mike

Accounting
I need help with this problem. Could someone possibly explain to me how to prepare the journal entry for this problem? Prepare journal entries to record each of the following purchases transactions of a merchandising company. Show supporting calculations and assume a perpetual...
Saturday, April 17, 2010 at 2:33pm by Leah

Accounting-Journal Entry
See if some of the following links will help: http://search.yahoo.com/search?fr=mcafee&p=journal+entries+for+paid+salaries Sra
Sunday, November 7, 2010 at 11:42pm by SraJMcGin

Intermediate Accounting
Prepare all the necessary journal entries to record the following transactions: 1. Sale of a 20 year convertible bond (dated March 1, 2001) with a face value of $1,000,000, interest rate 5%. The bonds were sold 4 months later on June 30, 2001 at 98 plus accrued interest of $16...
Saturday, December 11, 2010 at 2:49am by cyndi

Journal Entries
You might try here: http://www.google.com/search?q=Journal+entries+tutorial&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a Sra
Sunday, September 20, 2009 at 10:57am by SraJMcGin

accounting
hi,..!! i hope u can answer it,.. the following data are gathered prior to the preparation of the year end adjusting journal entries of IEMELIF enterprises: nature: last payment date: TAXES december 15, 20-7 ELECTRICITY december 22, 20-7 WATER december 10, 20-7 WAGES december ...
Tuesday, August 3, 2010 at 9:30am by jhona

accounting
On January 1, 2008 Touring company agreed to buy some equipment from Jones Company. Touring company signed a note,agreeing to pay Jones company $500,000 for the equipment on December 31, 2010. The market rate of interest for this note was 10%. a. Prepare the journal entry ...
Wednesday, May 2, 2012 at 10:30pm by Jamie

Accounting
Ok, I get what your trying to do. Your posting all those journal entries to the ledger. In that case, you should find out which is a debit and which is a credit from the journal entry, and then post it top the ledgers. About the deduction, what do you mean by that?
Sunday, February 22, 2009 at 5:29pm by Chopsticks

accounting
Here is a GOOGLE Search on "journal entries:" http://www.google.com/search?q=journal+entries&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a Sra
Monday, April 6, 2009 at 2:31pm by SraJMcGin

accounting
A company purchased 1000 units of inventory on September 25 and the cost per unit was $8.50. Terms of the purchase were 2/10, n/30. The invoice was paid in full on October 4. (Assume a perpetual inventory system). Prepare the journal entries to fully reflect these merchandise ...
Sunday, October 31, 2010 at 2:41pm by Jo

accounting
Wilson Reed, the bookkeeper for Home Interior Improvements and Designs Company, has just finished posting the closing entries for the year to the ledger. He is concerned about the following balances: Capital account balance in the general ledger: $ 48,550 Ending capital ...
Thursday, February 23, 2012 at 9:22am by Colleen

accounting
I have tried to figure out how to do this for four days and my textbook does not give an example on how to do this problem. Lower-of-Cost-or-Market Corrs Company began operations in 2007 and determined its ending inventory at cost and at lower of cost or market at December 31...
Friday, September 16, 2011 at 12:59pm by Nick

Accounting - Please Help
What would the Journal Entry be for this transaction: Notified by Alex's Engineering Co that Success's bid of $9,000 on a proposed project has been accepted. Alex's paid a $2,500 cash advance to Sucess Systems. Would I have two different journal entries for this? ...
Sunday, October 15, 2006 at 12:09pm by Anonymous

accounting
List the following steps of the accounting cycle in their proper order a. Preparing the post closing trial balance b. postint the journal entries c. journalizing and posting adjusting entries d. preparing the adjusted trial balance e. journalizing and posting closing entries f...
Tuesday, October 16, 2007 at 11:36am by shelly

accounting
Easy Move Company made the following expenditures on one of its delivery trucks:Feb. 4.Replaced transmission at a cost of $4,625.May. 6.Paid $1,615 for installation of a hydraulic lift.Sept. 10.Paid $69 to change the oil and air filter.Prepare the journal entries for each ...
Tuesday, April 30, 2013 at 6:28pm by steph

Accounting
On June 1, Coble Company Ltd. borrows $64,000 from First Bank on a 6-month, $64,000, 9% note. The note matures on December 1. (List multiple debit/credit entries from largest to smallest.) a) Prepare the entry on June 1. b) Prepare the adjusting entry on June 30. c) Prepare ...
Tuesday, November 1, 2011 at 7:54pm by Kate

ACCOUNTING
A company purchased 1000 units of inventory on September 25 and the cost per unit was $8.50. Terms of the purchase were 2/10, n/30. The invoice was paid in full on October 4. (Assume a perpetual inventory system). Prepare the journal entries to fully reflect these merchandise...
Monday, November 1, 2010 at 4:26pm by pj

accounting
Prepare adjusting journal entries for the year ended (or date of) December 31, 2005, for each of these separate situations. Assume that prepaid expenses are initially recorded in asset accounts. Also assume that fees collected in advance of work are initially recorded as ...
Tuesday, April 6, 2010 at 7:25pm by kim

Accounting
BJK Company purchased 1000 shares of its own outstanding $10 par value common stock for $14 per share and then sold 400 shares six months later for $17 a share. Prepare the journal entries for the purchase of the stock and for the sale.
Sunday, December 7, 2008 at 1:51pm by Simone

Math
Tracy Company, a manufacturer of air conditioners, sold 100 units to Thomas Company on November 26. The units have a list price of $500 each, but Thomas was given a 30% trade discount. The terms of the sale were 2/10, n/30. Thomas uses a periodic inventory system. 1. prepare ...
Sunday, March 20, 2011 at 2:07pm by Bobbi Loffredo

accounting
Worthington Company issued $1,000,000 face value , six-year, 10% bond on July 1, 2010, when the market rate of interest was 12%. Interest payments are due every July 1, and January 1. Worthington uses a calendar year-end. 1. Prepare the journal entry to record the issuance of ...
Wednesday, September 19, 2012 at 1:03pm by niecey

college princ. of accounting II
Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. (Round all answers to 0 decimal places.) The equipment depreciates at $250 per month.
Monday, January 19, 2009 at 6:50pm by Britni

accounting
Some of the following links may be useful: http://search.yahoo.com/search?fr=mcafee&p=debit+%26+credit+journal+entries Sra
Monday, April 26, 2010 at 1:57pm by SraJMcGin

Accounting urgent
Prepare the journal entries to record the following transactions on Panther Company’s books using a perpetual inventory system. (For multiple debit/credit entries, list accounts in order of magnitude.) (a) On March 2 Panther Company sold $853,700 of merchandise to Eagle ...
Wednesday, October 3, 2007 at 3:33am by jimmy

World History Honors
Write a series of five journal entries from the point of view of a member of a tribe that has been conquered by the Incas. Make sure that you bring out positive and negative aspects of Inca rule. Each journal entry should be about 200 words.
Monday, September 12, 2011 at 10:48pm by mel

Accounting
Try some of the following links: http://search.yahoo.com/search?fr=mcafee&p=how+to+prepare+adjusting+entries Sra
Monday, March 21, 2011 at 2:33pm by SraJMcGin

accounting
Write the journal entries to record the following transactions. A) Sold merchandise on account, $11,000, terms 2/10, net 30. The cost of merchandise sold was $8,000 (2 entries required). B) Issued a credit memorandum for $500 to the customer for merchandise sold in A. (2 ...
Tuesday, March 6, 2012 at 10:16pm by kmo

Accounting
journal entries
Tuesday, December 2, 2008 at 12:08pm by ann

HISTORY
PLLEASE HELP ME i have no clue what to put. Write a series of five journal entries from the point of view of a member of a tribe that has been conquered by the Incas. Make sure that you bring out positive and negative aspects of Inca rule. Each journal entry should be about ...
Friday, January 15, 2010 at 3:27pm by Tiffany

advanced accounting
Try some of the following links: http://search.yahoo.com/search?fr=mcafee&p=how+to+prepare+investment-related+entries Sra
Saturday, March 5, 2011 at 9:01pm by SraJMcGin

college
accounting/// which journal would be used if you returned merchandise that had been bought on account , sales journal, purchase journal, cash receipts journal, cash payments journal or general journal. i thought it would be on a general journal
Wednesday, September 23, 2009 at 9:45am by angela

accounting
Can uot help me with journal entries
Saturday, January 26, 2013 at 5:46pm by karen

Accounting
what exactly are we you asking for in this? are you asking for the journal entries?
Sunday, May 29, 2011 at 10:00pm by Matt

Journal Entries
But WHAT is th e question? Sra
Sunday, September 20, 2009 at 10:57am by SraJMcGin

English
Were you given the option of making your essay into a journal? If not, you'd better check with your instructor. If you have been assigned to write an essay, but you write journal entries instead, you could get a zero on the assignment -- unless your instructor gave you ...
Sunday, October 3, 2010 at 8:55am by Writeacher

accounting
See if any of the following tutorials will help: http://search.yahoo.com/search?fr=mcafee&p=year-end+adjusting+journal+entries+tutorials Sra
Tuesday, August 3, 2010 at 9:30am by SraJMcGin

English 7 (journals)
k but is there any journal entries ideas???
Wednesday, December 7, 2011 at 5:18pm by Laruen

journal entries and trail balances
What is your question?
Sunday, August 10, 2008 at 3:51pm by GuruBlue

Accounting
On January 1, 2008, Boston Enterprises issues bonds that have a 3,400,000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par. How much interest will Boston pay (in cash) to the bondholders every six months? ...
Friday, June 27, 2008 at 12:15pm by Xavier

Urgent Help In Accounting
That is the Journal Entries I did. I need help with the T-accounts.
Sunday, May 4, 2008 at 11:24am by Anonymous

accounting
Try some of the following links on accounting tutorials and bonds: http://search.yahoo.com/search?fr=mcafee&p=accounting+tutorials+on+journal+entries+for+bonds Sra
Saturday, October 8, 2011 at 1:49pm by SraJMcGin

accounting
What all journal entries are needed to complete the requirements?
Thursday, January 14, 2010 at 2:00pm by Anonymous

Accounting
Can you type down some of the journal entries so I can see them?
Sunday, February 22, 2009 at 5:29pm by Chopsticks

anne frank.
Is their a website that has a few of annes journal entries?
Wednesday, January 14, 2009 at 9:41pm by cookie

acct. correction
can someone correct these for me thanks. for the accounting cycle. i have to place these in order. a) Posting the journal entries b) Journalizing and posting adjusting entries c) Preparing the adjusted trial balances d) Journalizing and posting closing entries e) Analyzing ...
Monday, November 12, 2007 at 11:37pm by student acc

accouting class
sorry is this correct... analyzing transactions and events, journalizing transactions and events, posting the journal entries, preparing an unadjusted trial balance, journalizing and posting adjusting- entries,preparing the adjusted trial balance, preparing the financial ...
Thursday, November 15, 2007 at 8:06pm by student acc

accounting
On March 1, 2008, five-year bonds are sold for $254,013 that have a face value of $250,000 and an interest rate of 10%. Interest is paid semi-annually on March 1 and September 1. Using the straight-line amortization method, prepare the borrower's journal entries on March 1...
Sunday, December 7, 2008 at 1:47pm by Simone

Accounting
Questions 1. What is the issuing price for bonds A and B respectively? Show your calculations. 2. For bond A, provide the journal entries for • the issuance of bond, and • the first three interest payments. Please write down the date for each journal entry. Show your...
Monday, April 23, 2012 at 5:45pm by Kate

accounting
How do I make general journal entries from a adjusted trial balance?
Monday, September 6, 2010 at 12:54pm by Cindy

advance accounting
Try some of the following links: http://search.yahoo.com/search?fr=mcafee&p=consolidatiion+%26+journal+entries+recording+the+acquisition+of+a+company%27s+net+assets Sra
Wednesday, February 16, 2011 at 12:40am by SraJMcGin

accounting
This is the question: "Use page 3 of the journal. Jornalize and post the adjusting entries." Can you tell me how to do that?
Friday, December 10, 2010 at 12:51pm by Molly

accounting
A company uses a sales journal, purchases journal, cash receipts journal, cash disbursements journal, and general journal. A perpetual inventory system is used. The following transactions were completed by the company during the current month of October: Record these ...
Sunday, April 11, 2010 at 5:04pm by ZUHAL

accounting
F. Analyzing transactions and events. I. Journalizing transactions and events. B. Posting the journal entries. H. Preparing the unadjusted trial balance. C. Journalizing and posting adjusting entries. D. Preparing the adjusted trial balance. G. Preparing the financial ...
Tuesday, October 16, 2007 at 11:36am by Mz.Diamond

accounting HELP
it ask prepare the adjusting entries so what format is this in
Thursday, April 23, 2009 at 10:03am by art

acct ch2
We have access to no textbook. Here are some links for general journal entries: http://search.yahoo.com/search?fr=mcafee&p=general+journal+entry+tutorials Sra
Friday, March 4, 2011 at 6:49am by SraJMcGin

accouting class
Is this order correct for the accouting cycle: 1. Analyzing transactions and events 2. Journalizing transactions and events 3. Posting the journal entries 4. Preparing an unadjusted trial balance 5. Journalizing and posting adjusting entries 6. Preparing the adjusted trial ...
Thursday, November 15, 2007 at 8:06pm by student acc

Accounting
Why would it be deducted from the ledger? All your doing is posting what you got from the journal entries to the general ledgers.
Sunday, February 22, 2009 at 5:29pm by Chopsticks

accounting
Prepare a journal entry for the purchase of office supplies on October 14 for 9,000, paying $1,800 cash and the remainder on account????????? if anyone knows how to do this can you help me out please!!!! (this is accounting - journal entry for asset purchase)
Wednesday, June 16, 2010 at 10:30pm by brittany

accounting
how do i prepare year-end adjusting entries?
Sunday, October 12, 2008 at 3:47pm by idk

accounting
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 bond ten years later. Assume that the company makes no adjusting entries. What journal entries should be recorded to issue the bond, pay interest and ...
Saturday, December 8, 2012 at 7:34pm by Kimmie

accounting
John's specialty store uses a perpetual inveentory system. the following are some inventory transaction for the month of may 2009. John's purchased merchandise on account for $5,000. FREIGHT CHARGE OF $300 WERE PAID IN CASH. JOHN'S RETURNED SOME OF THE MERCHANDISE ...
Sunday, November 28, 2010 at 7:03pm by Marty

business?
What cash book? What journal entries? The question must refer to some set of data you have not provided.
Monday, November 22, 2010 at 11:18pm by drwls

Accounting
On June 1, Melendez Company borrows $90,000 from First Bank on a 6-month, $90,000, 12% note. Instructions (a) Prepare the entry on June 1. (b) Prepare the adjusting entry on June 30. (c) Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been ...
Thursday, November 18, 2010 at 1:57pm by Sharon Lawson

Accounting 1
Red Bank Enterprises was involved in the following transactions during the fiscal year ending October 31: 8/2: Borrowed $75,000 from the Bank of Kingsville by signing a 120-day note. 8/20: Issued a $40,000 note to Harris Motors for the purchase of a $40,000 delivery truck. The...
Wednesday, March 20, 2013 at 2:19pm by Megan

accounting
A company that uses perpetual inventory system made the following cash purchases and sales: January 1 Purchased 100 units at $10 per unit. February 5: Purchased 60 units at $12 per unit. March 16: Sold 40 units for $16 per unit. Prepare general journal entries to reord the ...
Sunday, October 31, 2010 at 2:46pm by Jo

Accounting question
my question is..... how or what are the steps to preparing general journal entries.
Sunday, November 4, 2007 at 4:14pm by student acc

advanced accounting
prepare the investment-related entries on pert company's books for 2009
Saturday, March 5, 2011 at 9:01pm by Anonymous

Immigrant Experience
Okay:D Thanks Ms. Sue once I finish up my journal entries, Ill post them here for you to have a look at:) Thanks for all your help, I really appreciate it:D
Thursday, February 10, 2011 at 9:00pm by Sara

ENGLISH
description: Covering her journal entries with invisible ink underneath her drawing was curious. verb: Cover the scar with make-up, please
Wednesday, January 12, 2011 at 10:57pm by bobpursley

accounting-installment sales journal entry
Question: On 12/31/07, Company A sold equipment for $1,800,000. The equipment had a carrying amount of $1,200,000. At the time of the sale the buyer paid $300,000 cash and signed a $1,500,000 note bearing interest of $1,500,000 note bearing interest at 10% payable in five ...
Friday, October 24, 2008 at 4:25pm by Toni

ENGLISH-TOPICS OF LITERATURE
This week’s assignment requires that you prepare a reading journal. The reading for the journal is Naguth Mahfouz's "The Lawsuit." In preparing your reading journal, you will be asked to write some responses, summaries, and a précis. Be mindful that ...
Tuesday, January 3, 2012 at 11:22pm by JESSICA910

Accounting
Please prepare the following journal entries. Indicate which account should be debited and which account should be credited along with the dollar amount of the debit and credit. a) Investors invested $100,000 in exchange for 10,000 shares of common stock. b) Company paid a ...
Thursday, April 19, 2012 at 9:29pm by Anne

Journal
You see I have this notebook and like I want to use it for to write down journal entries about my middle school and high school life. But I'm writing this to god telling him about my day and list of things to prey to him. Like first I type it then print it then tape it ...
Tuesday, November 29, 2011 at 6:46pm by Laruen

Journal
No like it's not that personal. I just need a title for my journal to call it. God Journal Letters to God Journal God Diary that's all I got
Tuesday, November 29, 2011 at 6:46pm by Laruen

Accounting
On Hune 1, Coble Company Ltd. borrows $40,000 from first Bank on a 6-month, $40,000, 9% note. The note matures on December 1. a) Prepare the entry on June 1. b)Prepare the adjusting entry on June 30. c) Prepare the entry at maturity(december 1), assuming monthly adjusting ...
Monday, January 31, 2011 at 4:54pm by Sang

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