stephan2
Feb 15, 2009, 08:20 PM
I am doing a case problem in Intro. To Accounting. I need to prepare journal enteries for each transaction. I am stuck on one -
May 1 Following assets were received from Quinn Simmons: Cash 13, 100 AR 3,000 Supplies 1,400 office equipment 12,500 No liabilities received
So I don't think these would be put in the general journal - wouldn't I just post them to the general ledger?
May 1 Following assets were received from Quinn Simmons: Cash 13, 100 AR 3,000 Supplies 1,400 office equipment 12,500 No liabilities received
So I don't think these would be put in the general journal - wouldn't I just post them to the general ledger?