subject
Mathematics, 29.02.2020 06:10 StephenCurry34

Record the following selected transactions for January in a two‐column journal. Once you have completed that, answer questions 1 – 5 related to your work.

(a) Earned $7,000 fees; customer will pay later.

(b) Purchased equipment for $45,000, paying $20,000 in cash and the remainder on credit

(c) Paid $3,000 for rent for January.

(d) Purchased $2,500 of supplies on account.

(e) A. Allen $1,000 investment in the company.

(f) Received $7,000 in cash for fees earned previously.

(g) Paid $1,200 to creditors on account.

(h) Paid wages of $6,250.

(i) Received $7,150 from customers on account.

(j) A. Allen withdrawal of $1,750.

2. For part (h), which two accounts are affected?
Question 2 options:

Fees Earned and Cash

Wages Expense and Cash

Accounts Payable and Cash

Rent Expense and Cash

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
What is the binomial expansion of (2x-3)^5
Answers: 1
question
Mathematics, 21.06.2019 21:00
Is there an x intercept in the equation 60*1.15^x
Answers: 3
question
Mathematics, 22.06.2019 01:00
The balance of susu's savings account can be represented by the variable b. the inequality describing her balance b > $30 . which could be a solution to the inequality?
Answers: 2
question
Mathematics, 22.06.2019 03:30
Find the solution set for this equation: t^2+7t=0 separate the two values with a comma.
Answers: 2
You know the right answer?
Record the following selected transactions for January in a two‐column journal. Once you have comple...
Questions
Questions on the website: 13722367