Ask Experts Questions for FREE Help !
Ask
    behrends's Avatar
    behrends Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jun 22, 2010, 09:36 AM
    One example of transaction of the accounting cycle?
    Out of the accounting cycle I need one transaction expample. Could u help me to understand?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Jun 24, 2010, 01:57 PM

    Recceived cash from a sale of merchandise or for services rendered.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Accrual Accounting - Recording each Transaction [ 1 Answers ]

a) Purchased merchandise for sale on Oct 1 for $3,600 to be paid by Oct 30 b) Sold merchandise for $900 cash on Oct 3. Merchandise cost Rose's $270. c) Sold merchandise for $1,800 on credit on Oct 6. Merchandise cost Rose's $590. d) Ordered $2,150 of merchandise on Oct 7 forom a supplier. e)...

Accounting steps for the accounting cycle [ 2 Answers ]

I think I wrote all the steps wrong can someone correct them for me thanks. List the following steps of the accounting cycle in their proper order: a) Preparing the post-closing trial balance.9 b) Posting the journal entries c) Journalizing and posting adjusting entries d) Preparing the...

View more questions Search