Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Journalize Transactions
[ 4 Answers ]
The following transactions took place during the month of December; Dec. 5 Received a check for $30 representing interest due on marketable securities. Interest Receivables $30 DR Interest Income $30 CR Is this correct?:
Journalize this
[ 2 Answers ]
Acquired building ; the cost $200,000 ; with estimated life 40 years. It will be depreciated over 40 years using straight line depreciation. Salvage value $20,000. How do I journalize this? I have Cash $200,000 Building $200,000 ...
Journalize transactions
[ 3 Answers ]
Recorded services provided on account for the period April 1-12, $4200.00 Is this correct: DR- Accounts receivable CR- Unearned fees Paid Office station Co. for part of the debt incurred on April 5, $1200.00 Is this correct:
Journalize and Adjusting
[ 5 Answers ]
I need journal entries and adjustments for these transactions Journalize : Tim Duncan, the owner, invests $40,000 cash. Prepaid $12,000 cash for twelve months' rent for office space. Made credit puchase for $5,000 in office equipment. Completed work for a client and immediately received...
Journalize entries to record Allowance for doubtful accounts
[ 3 Answers ]
How would you journalize entries to record allowance for doubtful accounts using two different bases. The ledger of Elburn company at the end of the current year shows accounts receivalbe $110,000, Sales $840,000 and salaes Revenue and allowances $28,000. If Elburn uses the direct write-off... View more questions Search
|