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Journal entries
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Hi everyone This is the current entry... Paid electricity expense of $860, previously recorded as unearned revenue.! I knew the first entry which was electricity we haven't paid and the entry is accured expense Debit-Electricity expense Credit- electricity account payable.
Journal Entries
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I am having a hard time with the Journal Entries I just don't seem to get it. Right now I am in the Job Order Costing part. If I have Paid Factory Rent (All of the rent relates to Factory Operations) do I Debit Factory Operations and Credit Cash in the amount :eek:
Journal entries
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Can someone help me journalize these problems ? 1. Paid Office Station Co. for part of the dept incurred. 2. Recorded services provided on account for the period. 3. Paid part-time receptionist for two weeks' salary including the amount owed. 4. Recorded cash from cash clients for fees earned.
Bond Payments and Journal and Journal Entries
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What is the adjusting entry at Dec 31, 2007 for this problem? Problem: Logan Corporation issued 800000 of 8% bonds on October 1, 200, due on October 1, 2011. The interest is to be paid twice a year on April 1 and October 1. The bonds were sold to yield 10% effective annual interest.
Journal Entries
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Purchased a small company and recorded goodwill of $150,000. How would I journalize this entry? View more questions Search
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