I don't know what entry should I write in this transaction.. here it goes The note was issued on December 11 for 30 days at 12%

Depreciation for the month: Factory equipment... $642.00 Office equipment... $369.70 What accounts are debited and credited?

The regular entry Was 9/25 Rented a backhoe to Mission Landscaping at a price of $100 per day, to be paid when the backhoe is returned. Mission Landscaping expects to keep the backhoe for about two or three weeks. For that I chose no entry was needed since there was no way to tell how long...

Hi. I am unsure about the correct way to debit/credit these entries. Can someone help me? Window Washing Company opened on July 1, 2010. During July the following transactions were completed: July 1 Issued 14,456 shares of common stock for $14,456 cash. July 1 Purchased used truck for...

On Dec. 28th Victor received the utility bill for the month of December. He has not yet paid it but plans to pat it on Jan 5th. It was for $280. Do I debit utility expense for 280 and credit accounts payable for 280? But because the adjusting entries are required at Dec 31... do I not cr or...