subject
Business, 26.09.2019 16:10 cjhamilton8614

Marjorie knaus, an architect, organized knaus architects on january 1, 2018. during the month, knaus architects completed the following transactions: a. issued common stock to marjorie knaus in exchange for $30,000. b. paid january rent for office and workroom, $2,500. c. purchased used automobile for $28,500, paying $6,000 cash and giving a note payable for the remainder. d. purchased office and computer equipment on account, $8,000. e. paid cash for supplies, $2,100. f. paid cash for annual insurance policies, $3,600. g. received cash from client for plans delivered, $9,000. h. paid cash for miscellaneous expenses, $2,600. i. paid cash to creditors on account, $4,000. j. paid installment due on note payable, $1,875. k. received invoice for blueprint service, due in february, $5,500. l. recorded fees earned on plans delivered, payment to be received in february, $31,400. m. paid salary of assistants, $6,000. n. paid gas, oil, and repairs on automobile for january, $1,300. required: 1. record these transactions directly in the following t accounts, without journalizing: cash; accounts receivable; supplies; prepaid insurance; automobiles; equipment; notes payable; accounts payable; common stock; professional fees; salary expense; blueprint expense; rent expense; automobile expense; miscellaneous expense. to the left of the amount entered in the accounts, select the appropriate letter to identify the transaction.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 08:00
Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.
Answers: 2
question
Business, 22.06.2019 12:30
On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.
Answers: 3
question
Business, 22.06.2019 15:20
On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.
Answers: 2
question
Business, 22.06.2019 19:00
James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:
Answers: 3
You know the right answer?
Marjorie knaus, an architect, organized knaus architects on january 1, 2018. during the month, knaus...
Questions
question
Mathematics, 13.02.2022 22:50
question
Mathematics, 13.02.2022 22:50
question
Mathematics, 13.02.2022 22:50
question
Social Studies, 13.02.2022 22:50
question
Mathematics, 13.02.2022 22:50
Questions on the website: 13722367