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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.

SeanF138
Feb 26, 2008, 01:09 PM
Yes, you have the journal entries correct. Nice work.