Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Journalizing Service Concern Transaction
[ 4 Answers ]
Mr. Henry labasan is engaged in a Rent-A-Car business to cater tourists who are visiting tagbilaran city. His investment consisted of the following: 2 units Toyota Van- P20,000 Cash which he deposited with RCBC, P50,000 Chart of account Assets Cash in bank Accounts...
Journalizing a transaction?
[ 4 Answers ]
I have a transaction that says "Jun-8 Paid misc. selling expense $425 and administrative expense of $85". I know that both expenses are debited but since they're on the same date do I add both expenses then credit the total as cash?
Journalizing this transaction
[ 1 Answers ]
Newgen Products Inc. issued 18,000 shares of common stock at $15 par in exchange for land, buildings, and equipment with fair maket prices of $50,000, $275,000, and $60,000, respectively.
Journalizing transaction
[ 1 Answers ]
Otis Carpenter opened a medical practice in Alexandria, VA Sept 1 The business received $33,000 cash and gave capital to the owner. Sept 2 Purchased medical supplies on account $7,000 Sept 2 Paid monthly office rent of $3,700 Sept 3 Recorded $10,000 revenue for service rendered to...
Journalizing a transaction
[ 1 Answers ]
How do you journalize the transaction "Cash fees earned for May 1-16" View more questions Search
|