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Type: Posts; User: jsu4549m

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  1. Answers
    1
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    2,356

    Cash for financial statements

    This should be simple but I can't seem to get it.

    Which of the following is not considered cash for financial reporting purposes?
    A petty cash funds and change funds
    B money orders, certified...
  2. Question: Multiple choice

    by jsu4549m
    Answers
    3
    Views
    3,159

    Multiple choice

    I have a few questions I can't figure out...

    1. When converting from cash basis to accrual basis accounting, which of the following adjustments should be made to cash receipts from customers to...
  3. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    How do record the adjusting entries

    How do record the adjusting entries
  4. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    OK I can't get this, I'm supposed to make...

    OK I can't get this, I'm supposed to make adjusting entries to these things if needed and she said there was 11

    DR:cash 80000
    CR:capital 80000

    DR:cash 30000 this was borrowed 30000 from...
  5. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    Don't you have to do an adjusting entry if it's a...

    Don't you have to do an adjusting entry if it's a cash entry
  6. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    OK I got that but how do you do an adjusting...

    OK I got that but how do you do an adjusting entry for the DR:cash 8000 CR:AR 8000
  7. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    It said... collected 8,000 from the client billed...

    It said... collected 8,000 from the client billed earlier, which said provided services for a client. Sent him a bill for 15,000
  8. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    OK one more I have DR:cash CR:AR for my JE ...

    OK one more I have DR:cash CR:AR for my JE

    And DR:AR CR:revenue for my adjusting entry is that right
  9. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    OK I'm sooo sorry but I have another question ...

    OK I'm sooo sorry but I have another question

    It says purchased 1,200 worth of supplies for cash

    So DR: supplies and CR: cash

    Then for my adjusting entry I DR:supplies and CR: supplies...
  10. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    THANK YOU!! OK I have another question. How...

    THANK YOU!!

    OK I have another question. How do you write the adjusted journal entry for
    DR:cash 80000
    CR:capital 80000

    And also
    DR:cash 6000
    CR:revenue 6000
  11. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    How do you write that?

    How do you write that?
  12. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    It actually said a printer and a scanner for the...

    It actually said a printer and a scanner for the supplies
  13. Question: Journal entry

    by jsu4549m
    Answers
    23
    Views
    3,010

    journal entry

    Do I record deprication in the following question

    Purchased supplies at a cost of 14,000. Assume the above items have a 2 year life with no salvage value.

    And also how do I record this
    ...
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