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 transactions in the appropriate journal shown below.

  1. 👍
  2. 👎
  3. 👁
  1. We see no journal below?

    Sra

    1. 👍
    2. 👎
  2. When recording the following transactions in general journal entry form.

    1. Issused common stock for $5,000 cash.
    2. Borrowed $4,000 cash from a Local Bank.
    3. Ourchased $500 of supplies on account.
    4. Recognized revenue of $18,000 for services provided on account.
    5. Paid $3,900 cash for salaries expense.
    6. Paid $2,400 cash in advance for a one-year lease to rent office space.
    7. Purchased $3,500 of office furniture on account.
    8. Received $1,800 cash for services to be performed in the future.
    9. Collected $3,000 cash from accounts receivable.
    10. Paid $1,200 cash for utilities.

    1. 👍
    2. 👎

Respond to this Question

First Name

Your Response

Similar Questions

  1. algebra probabilty34

    A mathematics journal has accepted 14 articles for publication. However, due to budget restraints, only 7 articles can be published this month. How many specific ways can the journal editor assemble 7 of the 14 articles for

  2. Statistic Help please

    During a given month, P(A)=0.75,P(B)=0.6, and p(A and B). Are these two events independent? are they mutually exclusive. yes;yes yes;no no;yes no;no it cannot be determined yes;no 3. There are two prominent, nationally circulated

  3. Finance

    16. Your firm is trying to determine its cash disbursements for the next two months (June and July). In any month, the firm makes purchases of 60% of that month’s sales, which are paid the following month. In addition, the firm

  4. accounting

    provided accounting services to dress shop $8,500. payment to received on july 9th how would this journal entry be posted to the general journal.

  1. accounting

    Hutton Company uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursement journal, and a general journal. The following transactions occur in the month of March: 1) Mar 2 Sold merchandise costing $300

  2. accounting

    The cash payments journal used in this problem has only three special amount columns. Under what circumstances would you recommend that additional special amount columns be added to a cash payments journal?

  3. Math Help

    A shop owner bought 30 folders and some journal. He paid @82.50 for the folders. Each journal cost 10 times as much as a folder. What was the cost of each journal?

  4. Statistical probability411

    Please help. I didn't get the right answer with this before. A mathematics journal has accepted 14 articles for publication. However, due to budget restraints, only 7 articles can be published this month. How many specific ways

  1. 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 -

  2. accounting

    An audit trail allows an individual to track a transaction from the journal entry to the general ledger through to the financial statements. The audit trail can also find all the transactions that comprise the dollar amount for

  3. Calculus; Limits

    The percentage of research articles in a prominent journal written by researchers in the United States can be modeled by A(t) = 26 + (36/1 + 0.8(0.8)^−t'), where t is time in years (t = 0 represents 1983). Numerically estimate

  4. Accounting

    Redmon Company uses a sales journal, a purchases journal, a cash receipts journal, a cash disbursements journal, and a general journal. The following transactions occur in the month of June. June 1 Purchased $8,100 of merchandise

You can view more similar questions or ask a new question.