Questions LLC
Login
or
Sign Up
Ask a New Question
Financial Transactions
Page 2
Questions (143)
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
On January 2, Todd Company acquired 40% of the outstanding stock of McGuire Company for $205,000. For the year ending, December
2 answers
asked by
Ant
1,321 views
1. Business started with Cash Rs. 100,000/-, Bank Balance Rs. 150,000/-, Merchandise goods Rs 40,000/-, furniture Rs. 5,000/- &
2 answers
asked by
kamala neupane
732 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
Red Bank Enterprises was involved in the following transactions during the fiscal year ending October 31:
8/2: Borrowed $75,000
1 answer
asked by
Megan
460 views
In the past year, which of the following is true about remittances?(1 point)
Remittances increased in 2021 because costs
3 answers
asked anonymously
90 views
Maria Gonzalez opened a veterinary business in Nashville, Tennessee, on August 1. On August 31, the balance sheet showed Cash
3 answers
asked by
essie
874 views
The lake theater opened on april 1.all facilities were completed on march 31. During april,the following events and transactions
3 answers
asked by
mary
604 views
Use this information to calculate the following:
Sales returns $ 700 Rent expense 1,288 Sales discounts 950 Depreciation expense
2 answers
asked by
maria
543 views
Janet Wilson accepts an IOU from her employer in place of a paycheck. Wilson offers the IOU as payment for her groceries. Do you
2 answers
asked by
just a student
900 views
r Consulting began operations and completed the following transactions during the first half of December:
Dec 2 Received $18,000
1 answer
asked by
carol
688 views
in the past year, which of the following is true about remittances
3 answers
asked anonymously
39 views
how would the table of analysis be set up with these transactions:
started business with $25,000 paid rent $2,000 purchased
2 answers
asked by
Keishante
560 views
Classify each of the following items as owner's drawing, revenue, or expense.
(a) Advertising expense (b) Commission revenue (c)
2 answers
asked by
Anonymous
965 views
How do you journalize theses transactions?
8) Purchased $15000 food to sell; paid 1/3 in cash and the balance on account 10) Paid
1 answer
asked by
sam
466 views
Caren Smith opened a medical practice. During July, the first month of operation, the business, titled Caren Smith, M.D.,
3 answers
asked by
Marion
1,513 views
HELP HERE IS WHOLE PROBLEM.IT NEEDS TO BE JOURNALIZED PROPERLY.
mAY 15-fILED THE FEDERAL INCOME TAX RETURN FOR 2009. THE TOTAL
2 answers
asked by
DOROTHY
561 views
Paid 55.00for landscaping property. Used cash. Journalize
1 answer
asked by
Angie
399 views
Shott Farm Supplies Corporation purchased 800 shares of General Motors stock at $50 per share and paid a brokerage fee of
3 answers
asked by
Bobbi Loffredo
737 views
Mr Chee deposited $80 into his checking account. Then, after writing a $23 check for gas and a $90 check for his child's day
2 answers
asked by
Amber shall
603 views
identify assumptions and concepts and correct entries.
On December 31, SGI Company's fical year end, a 12-month insurance policy
4 answers
asked by
Thara
455 views
on january 1, 1996 a company paid for auto insurance. the insurance term began on january 1, 1995 and concluded on december 31,
1 answer
asked by
Bella
324 views
Bob night opened "The general's favorite Fishing Hole" The fishing camp is open from April through September and attracts many
2 answers
asked by
Aloma
1,338 views
CHOI ENTERPRISES
Inv. No. Check Date Description Name or Date No. Terms Amount Dec. 16 Merchandise sold (cost $4,600) Hanna Seppa
1 answer
asked by
zion
658 views
BISHOP COMPANY
Inv. No. Check Date Description Name or Date No. Terms Amount Mar. 1 Received merchandise and invoice Soy
1 answer
asked by
zion
740 views
The following transactions occurred during March 2009 for the Wainwright Corporation. The company owns and operates a wholesale
4 answers
asked by
Bobbi
1,755 views
Store owner makes a $80.00 purchase, goods for resale, and uses check $143. Using Specialized journals, general ledger and
1 answer
asked by
Barb
342 views
On June 1, Melendez Company borrows $90,000 from First Bank on a 6-month,
$90,000, 12% note. Instructions (a) Prepare the entry
2 answers
asked by
Sharon Lawson
1,297 views
“One company’s account receiveable is another company’s account payable”?
1 answer
asked by
Anonymous
471 views
Th e First National Bank of Great Falls is considering a leveraged lease agreement involving some mining equipment with the Big
1 answer
asked by
Anonymous
481 views
June:
1)Sold a house and collected a $6,000 commission. Ans: Cash (debit) Commission earned (credit) 2)Sold a building lot and
1 answer
asked by
Thara!
453 views
an owner investment of equipment into the business would:
a)have no effect on liabilities b)have no effect on owner's equity
2 answers
asked by
Sat!
983 views
The transaction would decrease one liability account and increase another liability account
1 answer
asked by
kea
326 views
debit and credit journal entries-
Sold merchandise with retail value of $6,000 and a cost of $4,080 to Chang Corp., invoice dated
1 answer
asked by
laura
377 views
how to make a t account for owner invests 100,000 in cash and purchase a 10,000 printer on credit at business inception
1 answer
asked by
julie
338 views
May 1 Danny and Mary Jane deposited $50,000 into business checking account
May 1 Rented theater building for shows – paid 6
1 answer
asked by
big b
434 views
IF SOME ONE TAKE LOAN AND STARTED HIS BUSINESS THE journal entrY WILL BE
1 answer
asked by
Franklin
321 views
(hey i asked for help with accounting with a question i saw the same question at this site but when i click it it doesnt work is
2 answers
asked by
gary
767 views
At a school basketball game, student tickets sell for $3.00 each. An adult ticket costs $6.00. The money earned from the student
3 answers
asked anonymously
62 views
Garcia Corporation received cash of $18,000 on August 1, 2010 for one year's rent in advance and recorded the transaction with a
2 answers
asked by
Anonymous
884 views
I need to enter the following into Journal Enteries
a) Borrowed $12,000 cash on a short-term note payable dates march 1, 2011 b)
2 answers
asked by
Leisel
613 views
How would the following transactions affect (i) cash and (ii) net working capital:
a. Paying out a $2 million cash dividend. b. A
2 answers
asked by
Linda
678 views
The company borrowed 85,000 from eastern Bank and the questions are
a. List thename of the accountsthat are impacted by the
1 answer
asked by
johnny
442 views
Impact of a Transaction
The company borrowed $85,000 in cash from Eastern Bank. a. List the accounts impacted by the transaction.
1 answer
asked by
patti
490 views
What type of transaction decreases a liability and increases a liability.
1 answer
asked by
Carol
361 views
1. On January 1, 2004 PEN PENNY received a Utility Bill from BEC for $10,000, the bill was due on February 28, 2004. (a) Show
1 answer
asked by
jimmy
575 views
Analyze the transactions and do the following:-
1. Post to T Accounts 2. Prepare a Chart of Account 3. Record in the General
3 answers
asked by
jimmy
1,013 views
January 1, 2008 Timber Company incorporated in the State of Pennsylvania. Initially it issued stock to three stockholders, Bob,
3 answers
asked by
Anonymous
583 views
The purchase of office equipment on credit has what effect on the accounting equation?
1 answer
asked by
Billy
757 views
Indicate how each of the following six different transactions a company would make would affect (i)cash and (ii) net working
1 answer
asked by
pioneer2006
975 views
Pages
1
2
3
Parent Categories (19)
Accounting
Accounting and Finance
Accounting and Financial Management
Banking
Banking and Finance
Banking tasks
Business
Business and Finance
Business Planning
Business Transactions
Economics
Economics and Finance
Finance
Finance & Accounting
Finance and Accounting
Math
Mathematics and Finance
Money
Word Problems