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Journal entries
Page 3
Questions (210)
Write the journal entries to record the following transactions.
A) Purchased $4,900 of merchandise from a supplier on account,
1 answer
asked by
kmo
437 views
On June 1 2009, ABC sold an accounts receivable in the amount of $200,000 to XYZ bank for $190,000. The sale is "with recourse".
1 answer
asked by
Eleen
381 views
Meranda Corporation purchases $3,500 of inventory on account from Ashley Corporation. The journal entry to record this purchase
1 answer
asked by
Michelle
441 views
Prepare the general journal entries for the following transactions:
Jan 2, 2011 -- Purchased land with a building on it for
1 answer
asked by
Diane
655 views
issued 20,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $55,000, $120,000
1 answer
asked by
tammu
622 views
how and what do I post from the cash receipts journal to the general journal
1 answer
asked by
Dee
449 views
After filling out a perpetual inventory card using fifo i need to find out how to prepare a journal entry to record a sale of 60
1 answer
asked by
JW
449 views
Interfund Premiums -- Actuarial estimates from previous fiscal year to determine $ necessary to establish a reserve for losses.
1 answer
asked by
Adrienne
397 views
Jane Doe of Creative Marketing was recording transactions into the accounting records to prepare financial statements for the
1 answer
asked by
Anonymous
483 views
Billed patients for services rendered of $3,500.
journal entry help.... is this account payable, debit, credit.etc.....(on
1 answer
asked by
larry
738 views
How do write this as a journal entry transaction?
Alex transferred $17,000 from his personal bank account to the corporation in
1 answer
asked by
Jen
428 views
what is the journal entry if a owner of a company deposited $15,000 in their checking account. In return they received 1000
1 answer
asked by
Amber
392 views
What is the journal entry to record a sale but no cash comes in?
1 answer
asked by
Nick
351 views
ane Doe of Creative Marketing was recording transactions into the accounting records to prepare financial statements for the
2 answers
asked by
Trisha
557 views
purchase office supplies worth 50000.paying 20000 and 30000 on accounts.what is the debit and credit entry?
1 answer
asked by
ginalyn bation
429 views
Company acquired a property and need to journalize the property and construction.
Received 4,700 in salvage from material removed
1 answer
asked by
Gwen
368 views
Paid 55.00for landscaping property. Used cash. Journalize
1 answer
asked by
Angie
399 views
I am so lost on this. I need to prepare adjusting journal entry for this.
The truck was acquired on August 1. Franklin estimates
1 answer
asked by
gdlola
422 views
The SOO Company has machinery that it acquired a number of years ago at a cost of $812,000. As of December 31, 2012 the company
1 answer
asked by
Jennifer
451 views
#15 Supplies: Original Purchase and Adjusting Entry
On January 1, the company had office supplies costing $4,600. On March 23,
2 answers
asked by
Sondra
585 views
Up owns 80% of Down. During 2009 Down began selling merchandise to Up at gross profit margin of 20%. Sales by Down to Up for the
2 answers
asked by
Oksana
950 views
prepare the necessary journal entry to close the overhead account if the balance is considered immaterial
1 answer
asked by
Anonymous
445 views
What is the journal entry for the following?
Stan opened a bank account in the name of SSRC and deposited $10,000 of his savings
1 answer
asked by
Rhea
459 views
consolidation,prepare the journal entries on books of phillips to recod the acquistion of solina company's net assets
1 answer
asked by
Anonymous
373 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
Prepare all the necessary journal entries to record the following transactions:
1. Sale of a 20 year convertible bond (dated
1 answer
asked by
cyndi
1,102 views
Howell Corporation purchased $350,000 of its bonds on June 30, 2010, at 102 and immediately retired them The carrying value of
1 answer
asked by
Mayumi
435 views
In store credit customer makes purchase on account for $50.00, invoice #18. What do the enteries look like using specialized
1 answer
asked by
Barb
871 views
For each of the journal entries, prepare an explanation of the business event that is being represented
3 answers
asked by
Carol Masters
415 views
january 01,2007 Mr.A started a business with cash Rs.3000,000 Bank RS.4000,000, Building Rs.3000,000,Laptop Rs.80,000, Desktop
2 answers
asked by
saedd
575 views
John's specialty store uses a perpetual inveentory system. the following are some inventory transaction for the month of may
1 answer
asked by
Marty
751 views
Alik Amal is a bar in Panama City, Florida. In April 2008, rowdy spring break
guests damaged a jukebox that had been purchased in
1 answer
asked by
ana
307 views
pass the journal entries for the following
(1) discountd bill of rs.1000 at1% by bank (2) interest allowed by bank rs.5000
1 answer
asked by
mrudula
323 views
accounts cash book
find journal entries for. (1) discounted bill of rs .1000 at1% by bank (2) interest allowed by bank rs.5000
1 answer
asked by
mrudula
387 views
What would be the journal entry to record:
Sept 28, 2009 A dividend was declared, which they intend to pay at $0.10 per share by
1 answer
asked by
Johsua
739 views
What would be the journal entry to record ten $2,000, 6%, 10 year bonds at 96 on January 1st?
1 answer
asked by
Leona Davis
347 views
Bank granted a 10000$ nine months loan at 6% per year. How do we make Tat in journal entry.
1 answer
asked by
Thara
317 views
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,
1 answer
asked by
Jo
487 views
What is the journal entry when a company issues debt to purchase all outstanding shares of another company?
1 answer
asked by
Aq
391 views
If a company purchases a 12-month insurance policy for $3600, what journal entry would be prepared to record the purchase? At 6
1 answer
asked by
Anonymous
591 views
How do I make general journal entries from a adjusted trial balance?
1 answer
asked by
Cindy
404 views
What are reversing entries and why are they required?
7 answers
asked by
Sally
377 views
What is the journal entry for a bounced check.
For exemplar, on May 10, Mr. Smith pays his $1000 bill the a certain company, cash
2 answers
asked by
Jill
601 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
Shania Shelton, the owner, invested $105,000 cash, office equipment with a value of $6,000 and $45,000 of drafting equipment to
2 answers
asked by
Tiffany
650 views
I need help with this problem. Could someone possibly explain to me how to prepare the journal entry for this problem?
Prepare
2 answers
asked by
Leah
555 views
If you are puchasing furniture from your business and want to use your own owners equity instead of cash what would be the
3 answers
asked by
jessica
441 views
Deane Company issues $5 million, 10-year, 9% bonds at 96, with interest payable on July 1 and January 1.The straight-line method
2 answers
asked by
Jenny
1,146 views
How do i prepare journal entries when they ask you to record perpetual system merchandising transactions of a company?
1 answer
asked by
Andre
524 views
On january 1st, NetSolutions had a debit balance of $1,250.00 in the Office Supplies account. During the month, Netsolutions
2 answers
asked by
Maria
579 views
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