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my question is..... how or what are the steps to preparing general journal entries.

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  1. Accounting question

    my question is..... how or what are the steps to preparing general journal entries.
  2. 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
  3. 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
  4. account. question

    Is this correct are the steps correct for the accounting cycle. They gave a list the list says the following: a)Preparing the post-closing trial balance b) posting the journal entries c)journalizing and posting adjusting entries d)preparing the adjusted
  5. 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
  6. 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
  7. 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
  8. 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
  9. Accounting question

    How are posting procedures for closing entries and for other general journal entries different?
  10. 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
  11. Math (Finance)

    The analysis process for preparing adjusting entries involves two basic steps. Identify the two steps and explain why both are necessary.
  12. 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
  13. Accounting

    how do i do adjusting entries on a general journal Thank you for using the Jiskha Homework Help Forum. The following site has general Accounting Advice: http://www.lemoineandjames.com/gaap/73aje.html
  14. 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,
  15. accounting

    How do I make general journal entries from a adjusted trial balance?
  16. 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
  17. 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
  18. 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:
  19. 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?
  20. Accounting

    1. On July 1, 2010, Harris Co. issued 6,000 bonds at $1,000 each. The bonds paid interest semiannually at 5%. The bonds had a term of 20 years. At the time of issuance, the market rate of interest was 7%. Harris uses the effective interest rate method to
  21. 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
  22. 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
  23. 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.
  24. 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
  25. English

    “Making Tracks on Mars” is a series of Andrew Mishkin’s journal entries. Choose a sentence from the selection that best demonstrates the word choice and tone of a journal entry. Explain why you chose this sentence.
  26. 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%
  27. 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
  28. 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
  29. 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
  30. Accounting

    Flip Company's December 31, 2014 trial balance is as follows: Flip Corporation Trial Balance December 31, 2014 Account Debit Credit Cash $43,500 Accounts Receivable 54,500 Allowance for Doubtful Accounts 500 Notes Receivable 30,000 Merchandise Inventory
  31. 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
  32. accounting

    Invested $19,000cash in the business along with $6,000 of office equipment. How would this journal entry be posted to the general journal.
  33. accounting

    performed accounting services for kirby collected 3,500 cash. how would this journal entry be posted to the general journal
  34. Accounting

    Please help me journalize the following entries. 1. On 1 July 2017 the balance of Vehicles at cost amounted to R180 000 and the balance of Accumulated depreciation: Vehicles was R72 000. 7. Depreciation is calculated at 20% per annum on the straight line
  35. Accounting

    how and what do I post from the cash receipts journal to the general journal
  36. 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 the
  37. Accounting

    1. Compute the estimated uncollectible accounts at the end of the year using the following rates: Current 1% 1–30 days past due 3% 31–60 days past due 9% Over 60 days past due 25% 2. As of December 31, 2013, there is a credit balance of $208.20 in
  38. accounting

    Can uot help me with journal entries
  39. Accounting

    Rented an office and paid three months rent in advance to property management check $4500, how would this journal entry be posted to the general journal.
  40. 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.
  41. Accounting

    Rented an office and paid three months rent in advance to property Management check #001 $4,500. How would this journal entry be posted to the general journal.
  42. Physics

    I am reviewing for a test and I don't know how to attempt this question. Could someone please work through this problem and then have the general steps that I need to take to solve the question? Here is the question: A rocket expels gases at a rate of 1.30
  43. Acc 280

    Is posting and preparing the closing entries the same? If not how do you post the closing entries? Also what is a post closing trial balance?
  44. anne frank.

    Is their a website that has a few of annes journal entries?
  45. 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,
  46. Math

    The diagram represents the factorization of a2+8a+12. A 2-column table with 2 rows. First column is labeled a with entries a squared, 2 a. Second column is question mark with entries 6 a, 12. First row is labeled a with entries a squared, 6 a. Second row
  47. 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
  48. accounting

    I have a problem I am trying to post into a journal. the question is.. "Received an invoice on account from Artex Golf Products for merchandise purchased on account" Can anyone help me post this into my journal? My columns are. General, accounts
  49. Math

    At an annual flower show, 6 different entries are to be arranged in a row. a) How many different arrangements of the entries are possible? b) If the owners of the 1st, 2nd, and 3rd place entries will be awarded prizes of $100, $50, and $25 respectively,
  50. accounting

    How formulate your transcations on a general journal then post it to a general ledger
  51. English

    It is very general question. I am supposed to write 2,000 words analytical essay but my teacher told me based on my topic I need to write it in journal entry with only intro being 200 words. When I hear "journal entry", it is not the same as an essay. Do
  52. Accounting

    For each of the journal entries, prepare an explanation of the business event that is being represented
  53. accounting

    purchased additional office supplies from office depot paid cash check #0002. $75 how would this journal entry be posted to the general journal
  54. 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
  55. 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
  56. advanced accounting

    Rollins acquires 100% of the voting common shares of Baxter on January 1, 2010, in a transaction structured as a statutory merger. The terms of the transaction are that Baxter's shareholders will receive one share of Rollins common stock for each 2 shares
  57. 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 to B er for $450 cash,
  58. 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
  59. accounting

    owner got personal loan from his bank and sign note payable.what is the journal entries?
  60. college financial planning

    How do i prepare journal entries when they ask you to record perpetual system merchandising transactions of a company?
  61. 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
  62. accounting

    Is there a method of determining if you debit or credit an account? How do you know if you should debit or credit a transaction? If it's a balance sheet accout you need to learn (and mrmorize) which side of the equation i't on, and it's normal balance.
  63. Accounting

    Journal Entries Under the Perpetual Inventory System Bhushan Building Supplies entered into the following transactions.
  64. Accounting

    Please explain how I would go about doing this. Indicate which of the following transactions require entries to accounts used only for budgetary control purposes, even if other accounts also are involved. Prepare the general journal entries required.
  65. Maths

    Hey my question is How do we get the triangular numbers sequence ( general statement ) by the quadratic formula ? Can you shoe me steps please ? The triangle numbers are : 1 , 3 , 6 , 10 , 15 how do I get them in the form of a quadratic equation if a , b
  66. 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
  67. accounting

    1. Use the general journal to journalize the following transactions completed during July of the current year. 2. Post from the general journal to the general ledger. Using the following steps. a. A. Write the current year and July 1 in the Date column.
  68. Science

    I am reviewing for a test and I don't know how to attempt this question. Could someone please work through this problem and then have the general steps that I need to take to solve the question? Here is the question: A rocket expels gases at a rate of 1.30
  69. Physics

    I am reviewing for a test and I don't know how to attempt this question. Could someone please work through this problem and then have the general steps that I need to take to solve the question? Here is the question: A rocket expels gases at a rate of 1.30
  70. Physics

    I am reviewing for a test and I don't know how to attempt this question. Could someone please work through this problem and then have the general steps that I need to take to solve the question? Here is the question: A rocket expels gases at a rate of 1.30
  71. Physics

    I am reviewing for a test and I don't know how to attempt this question. Could someone please work through this problem and then have the general steps that I need to take to solve the question? Here is the question: A rocket expels gases at a rate of 1.30
  72. advance accounting

    consolidation,prepare the journal entries on books of phillips to recod the acquistion of solina company's net assets
  73. Accounting1 - ethical issue

    On a recent trip to Brazil, Carlo degas, sales manager of cyber systems, took his along for a vacation and included her airfare and meals on his expense report, which he submitted for reimbursement. Chelsea Brindley, vice president of sales and Degas boss
  74. English- Juluis Caesar

    I'm suppose to write approximately 100 words or half a page for each of these questions & I need a little bit of help! :S Question 1: After reading Act 1, Do you believe that Caesar might, indeed, be a threat to Roman Liberty? Question 2: After reading Act
  75. accounting principles

    Success Systems had the following transactions and events in December 2015: Dec. 2 Paid $1,200 cash to Hilldale Mall for Success Systems’ share of mall advertising costs. 3 Paid $500 cash for minor repairs to the company’s computer. 4 Received $7,000
  76. accounting

    Preparing closing entries and a post-closing trial balance for Exercise E4-3 I need help with this
  77. 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.
  78. Accounting

    What should be the general entries for a revenue which was earned in 2007 but not received till January 2008. Please tell me entries for both year 2007 and 2008. I mean, what entry should I make at the end of 2007 for the income I earned but not received,
  79. Accounting

    What should be the general entries for a revenue which was earned in 2007 but not received till January 2008. Please tell me entries for both year 2007 and 2008. I mean, what entry should I make at the end of 2007 for the income I earned but not received,
  80. Accounts

    What should be the general entries for a revenue which was earned in 2007 but not received till January 2008. Please tell me entries for both year 2007 and 2008. I mean, what entry should I make at the end of 2007 for the income I earned but not received,
  81. Accounting- Help Please

    Accounting Help-Preparing and posting journal entries; and preparing a trial balance.? Shelton Engineering completed the following transaction in the month of June. Received a bill for rent of equipment that was used on a recently completed job. The 1,200
  82. accounting

    Invested $105,000 cash, office equipment with a value of $6,000, and $45,000 of drafting equipment to launch the business. How would this journal entry be posted to the general journal?
  83. accounting

    debit and credit journal entries- Sold merchandise with retail value of $6,000 and a cost of $4,080 to Chang Corp., invoice dated Jan. 13.
  84. english

    I'm going to 7th grade on september and i have no idea on how to write 10 journal entries based on a person's perspective and voice. I already finished my book Canyons only i have no clue what to do!
  85. Science

    I am reviewing for a test and I don't know how to attempt this question. Could someone please work through this problem and then have the general steps that I need to take to solve the question? Here is the question: A rocket expels gases at a rate of 1.30
  86. trig 30

    Please help I need to solve the following question for x, where 0
  87. Finding and evaluating sources

    Question 18 Of the following sources, which would provide the most in-depth information? full-text journal article from library database newspaper article article abstract from library database general encyclopedia article Question 19 Publication dates
  88. math

    There was a competition that attracted 630 entries for a $250 prize. Molly gets paid $7.50 per hour for checking the entries, which takes her 2 minutes each. How much do they pay Molly to check the entries?
  89. accounting

    Record the following transactions as general journal entries. Use the gross-price method. Aug. 6 Purchased $830 of merchandise on account from Johnston Co. Credit terms 2/10, n/30. 8 Bought an $18,000 truck from Pillner Co., paying $3,000 down; balance on
  90. accounts

    pass the journal entries for the following (1) discountd bill of rs.1000 at1% by bank (2) interest allowed by bank rs.5000
  91. maths calculus

    A centre enters students for English levels one and two end test every year. Some take the paper based version, others online version. For planning purposes you need to assume trend patterns indicate that .the total number of entries each year is always
  92. finance

    Bristol Sales had the following transactions for DVD’s in 2012, its first year of operations. Jan. 20 Purchased 75 units @ $17 = $1,275 Apr. 21 Purchased 450 units @ $19 = $8,550 July 25 Purchased 200 units @ $23 = $4,600 Sept. 19 Purchased 100 units @
  93. accounting

    preent in journal form adjusting entries that would be made on july 31,2011 the end of the fiscal year 1. apr 30, a ten month 9% note for $20,000 was received from a customer
  94. ELA

    An outline is a dictionary entry an organized or systematized arrangement of important elements of a topic THIS ONE a place to locate information all of the above 2. Three ways to take notes are Summarize, note take and paraphrase Summarize, quote,
  95. 11th grade

    accounts cash book find journal entries for. (1) discounted bill of rs .1000 at1% by bank (2) interest allowed by bank rs.5000
  96. Accounting

    A company that uses the perpetual inventory system purchased $8,500 on September 25. Terms of the purchase were 2/10, n/30. The invoice was paid in full October 4. Prepare the journal entries to record these merchandise transactions.
  97. 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 each account listed on the
  98. College 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 each account listed on the
  99. English :Journal entry

    We have been assinged a tast to write a journal entry essay on a subordinate group. I have all of the information but have no idea on how to make a journal (I have never had one of those) any ideas would be great. Thanks Jeff A journal entry is an oppinion
  100. Accounting

    Use the Internet to select a publicly traded company that you believe works with cost information. • Due Date: Day 7 [Individual] forum • Organize your thoughts in a 2,100- to 2,800-word paper. Citations of original works within the presentation must

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