subject
Business, 07.03.2020 04:01 psa180

Journal Entries and Trial Balance

On January 1, 2014, Faith Schultz established Heavenly Realty, which completed the following transactions during the month:

Faith Schultz transferred cash from a personal bank account to an account to be used for the business in exchange for capital stock, $25,000.

Paid rent on office and equipment for the month, $4,510.

Purchased supplies on account, $1,330.

Paid creditor on account, $490.

Earned sales commissions, receiving cash, $20,500.

Paid automobile expenses (including rental charge) for month, $1,250, and miscellaneous expenses, $840.

Paid office salaries, $2,620.

Determined that the cost of supplies used was $740.

Paid dividends, $1,210.

Journalize entries for transactions (a) through (i) (in chronological order), using the following account titles: Cash, Supplies, Accounts Payable, Capital Stock, Dividends, Sales Commissions, Rent Expense, Office Salaries Expense, Automobile Expense, Supplies Expense, Miscellaneous Expense. For a compound transaction, if an amount box does not require an entry, leave it blank.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:20
If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.
Answers: 3
question
Business, 21.06.2019 21:00
Stephen barrett,md previous writing experience ?
Answers: 1
question
Business, 22.06.2019 06:40
As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget
Answers: 3
question
Business, 22.06.2019 14:30
Your own record of all your transactions. a. check register b. account statement
Answers: 1
You know the right answer?
Journal Entries and Trial Balance

On January 1, 2014, Faith Schultz established Heavenl...
Questions
question
History, 21.05.2021 21:00
question
Mathematics, 21.05.2021 21:00
question
Mathematics, 21.05.2021 21:00
question
Mathematics, 21.05.2021 21:00
question
Mathematics, 21.05.2021 21:00
Questions on the website: 13722363