Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Journal Entries & Adjusting Journal Entries
[ 2 Answers ]
Nov. 15- Purchased $1,600 of merchandise on account from Martin Co, terms 1/30; paid $60 of associated freight charges in cash. My answer: Merchandise Inventory $1600 Accounts Payable $1600 Cash $60 Freight Expense $60...
Adjusting Journal Entries (Accrual)
[ 1 Answers ]
1) amounts due from customers at year-end were $28,000. Of this amount, $3,000 will not be collected. --> I have DR. BDE 3,000.. . CR. ADA 3,000 2) Co. rents its building for $3,000 a month, payable quarterly in advance. -->I have Dr. Rent Expense 9,000.. . CR. Rent Payable 9,000 Given Rent...
Simple Accrual adjusting entries
[ 1 Answers ]
The Carlos Garcia Company had the following accrual information available at the end of the year 2004: a. Wages earned but unrecorded and unpaid as December 31, 2004, were $2500. b. Unpaid and unrecorded interet to date on a bank loan was $1000. c. On January 12, 2005, the company received a...
Adjusting journal entries from adjusting column of work sheet
[ 2 Answers ]
How can I prepare necessary adjusting journal entries (a) through (e) by using the following information from the Adjustments columns of a 10-column work sheet. Interest recievable (d)$880 Office supplies ...
Cash to accrual journal entries
[ 0 Answers ]
What are the journal entries used when you convert from an accrual to a cash accounting method? And what is the theory behind these journal entries? Thanks, Michael View more questions Search
|