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    DORADITA's Avatar
    DORADITA Posts: 1, Reputation: 1
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    #1

    Mar 1, 2009, 12:46 PM
    Debit & Credit entry for transactions
    1.= Deposit of bank loan proceeds of $19,000 from 20,000 note:

    2.- A check which previusly had been charged to office expense is to be voided.

    3.- An error had been made by crediting sales for loan proceeds of $100

    4.- An invoice for $100 was previously recorded in the purchase journal. This invoice for office supplies is now to be paid, less 2% discount.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Mar 1, 2009, 12:48 PM

    Do your work first, then if you have a question we will try to help you.
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