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-   -   Prepare general journal entries to record these transactions (https://www.askmehelpdesk.com/showthread.php?t=534908)

  • Dec 15, 2010, 05:26 AM
    kinge
    Prepare general journal entries to record these transactions
    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 expenses of $ 15
    15. Paid salary expenses of $ 35
    16. Paid ACER Company half of the amount on April
    18. The owner, Emma made an additional investment $ 2000
  • Dec 15, 2010, 07:11 AM
    pready

    1. Debit Cash and Credit Earned Revenue for the amount

    2. Debit Rent Expense and Credit Cash for the amount

    3. Debit Supplies and Credit Accounts Payable for the amount

    4. Debit Fuel (or Misc) Expense and Credit Cash for the amount

    7. Debit Repair Service (or Misc) Expense and Credit Accounts Pyable for the amount

    10. Same as number 1

    13. Debit Cleaning Expense and Credit Cash for the amount

    15. Debit Salaries Expense and Credit Cash for the amount

    16. Debit Accounts Payable and Credit Cash for half of the amount owed

    18. Debit Cash and Credit Owners' Equity for the amount

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