Prepare entries in general journal form to record the following transactions in General Fund general ledger accounts for the fiscal year 2012. Please use the modified accrual accounting approach in recording the transactions. a. The legal budget for the provided for $6,530,000 of estimated...

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...

Record the following transactions of a company in general journal form: (a) Reacquired 8,000 of its own $10 par value common stock at $40 cash per share. The stock was originally issued at $15 per share. (b) Sold 2,000 shares of the stock reacquired under part (a) at $43 cash per share. (c)...

1. Received cash from rose earned $ 63 2. Paid cah for rent of garage for April $ 25 3. acquired supplies on account from ACER Company $ 15 4. Paid fuel expenses of $ 33 7. Got repair service on account from Apple Company $ 22 10. Received cash from Rose earned, $ 50 13. Paid cleaning...

(a) On June 1, 2010, XYZ, Inc. issued $600,000, 6% bonds for $587,640, which includes accrued interest. Interest is payable semiannually on February 1 and August 1 with the bonds maturing on February 1, 2020. The bonds are callable at 102. (b) On August 1, 2010, XYZ paid interest on the bonds and...