talee5997
Feb 26, 2008, 11:14 AM
I am working on a Comprehensive Problem.  One of the transaction is:
 
Recorded weeks cash receipts for photo work $1350
Recorded 2nd weeks cash receipts for photo work $2170 etc.
 
In the General Journal would this transaction go under?
 
Cash - Debit side Photography Revenue - Credit side
 
Another question is:
 
Purchased a microcomputer system and software $3200 by issuing a Note Payable.
 
Would this go under?
 
Office equipment Debit side Notes Payable - Credit side?
 
I thank you for any help you can provide.
Recorded weeks cash receipts for photo work $1350
Recorded 2nd weeks cash receipts for photo work $2170 etc.
In the General Journal would this transaction go under?
Cash - Debit side Photography Revenue - Credit side
Another question is:
Purchased a microcomputer system and software $3200 by issuing a Note Payable.
Would this go under?
Office equipment Debit side Notes Payable - Credit side?
I thank you for any help you can provide.