Needing some help journalizing transactions. I have gotten some of them but others I just cannot understand. Any help would be appreciated. Journalizwe the transactions for August: Aug 1 Paid rent for August, $1,600 3 Purchased merchandise on account from Biathlon Co. terms 2/10,...

Hello, everyone. The finals are coming up in two weeks and there is one assignment I'm not sure if I did it right. Would be awsome if anyone could help me. A company established a petty cash fund of $100 on August 1. On August 12, the petty cash fund was replenished when there was $16...

:confused:I have to journalize the following transactions however I am having troubles deciding which accounts are being affected! Is my work correct so far?:confused: Melody invested 20000 cash and a car worth $15000 into the business Cash 20000DR Car 15000 DR Capital 35000 CR She...

Issued a 9000 note to purchase inventory. The 3 month note payable bears interest of 8% and is due 12/1 Record accrued interest for the note Issued a 18000, 9%, 4 month note to finance the purchase of a new clibing wall for advanced climbers. The note is due 2/1 Recorded accrued interest...

How will I journalize this transactions Paid lancaster advertising agency $645.22 for preparing advertisements in local newspapers