I need to record an estimated quarterly income tax payment and am not sure of what the entry would be. Any help would be greatly appreciated. Dr?? Cr Cash for the payment Thanks

How would I recoed an entry for dec.31st , for a policy bought for 7,200 on October 1st?

If I have a 5 year of lease and one month free rent per year, how do I record this? We are used to recording: CR: Other Account receivable DR: rent expense. It seems to me something missing?. Appreciate your help..

July 9th Office Supply Corp delivers furniture ($1,060) and expendable office supplies ($160) to Random Leaving an invoice for $1220. The journal entry to record the July 9th transaction will include a credit of $1,220 to what account?? I’m pretty sure that it’s Accounts...

If a firm discovers that one of its accounts totaling $350 should be written off as uncollectible, if using an aging of receivables, the firm determines that the ending balance of the Allowance for Doubtful Accounts should be ($1,000). I'm also given that these is already $828 in Allowance for...