Business, 11.02.2021 22:00 javink18

Record the April 1, 2016, balance of each account in the appropriate balance column of a four-column account, type Balance in the item section, and select a check mark in the Posting Reference column. 3. Post to the ledger, extending the account balance to the appropriate balance column after each posting. Post in chronological order. For transactions occurring on the same day, post in the order presented in the instructions. Insert the appropriate posting references in both the journal and the ledger as each item is posted. Date Particular Post Ref. Amount
1-Apr Rent Expense 52 $ 4,000.00
Cash 11 $ 4,000.00
2-Apr Office Supplies 14 $ 2,300.00
Accounts Payable 21 $ 2,300.00
5-Apr Miscellaneous Expense 59 $ 5,800.00
Cash 11 $ 5,800.00
10-Apr Cash 11 $ 52,400.00
Accounts Receivable 12 $ 52,400.00
15-Apr Land 16 $ 200,000.00
Cash 11 $ 23,000.00
Notes Payable 23 $ 177,000.00
17-Apr Accounts Payable 21 $ 5,900.00
Cash 11 $ 5,900.00
20-Apr Accounts Payable 21 $ 350.00
Office Supplies 14 $ 350.00
23-Apr Advertising Expense 54 $ 4,150.00
Cash 11 $ 4,150.00

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 21:30

What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share

Answers: 1

Answer

Business, 22.06.2019 04:30

Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?

Answers: 3

Answer

Business, 22.06.2019 23:40

Gdp has grown in a country at 3% per year for the last 20 years. the labor force has grown at 2% per year and the quantity of physical capital has grown at 4% per year. a 1% increase in average physical capital per worker (other things equal) raises productivity by 0.3%. average education has not changed. how much has growing physical capital per worker contributed to productivity growth in this country? choose the correct answer from the following choices, and then select the submit answer button. answer choices 0.3% 0.6% 3.0% 6.0%

Answers: 1

Answer

Business, 23.06.2019 00:50

On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was:

Answers: 3

Answer

You know the right answer?

Record the April 1, 2016, balance of each account in the appropriate balance column of a four-column...

Questions