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Record transactions in general journal form (petty cash fund)
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Hello, everyone. The finals are coming up in two weeks and there is one assignment I'm not sure if I did it right. Would be awsome if anyone could help me. A company established a petty cash fund of $100 on August 1. On August 12, the petty cash fund was replenished when there was $16...
Record the following transactions of a company in general journal form:
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Record the following transactions of a company in general journal form: (a) Reacquired 8,000 of its own $10 par value common stock at $40 cash per share. The stock was originally issued at $15 per share. (b) Sold 2,000 shares of the stock reacquired under part (a) at $43 cash per share. (c)...
Prepare general journal entries to record these transactions
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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...
Petty cash fund record in general journal
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Hi, everyone,I have a question:two transactions 1/01 paid $10for fare, authorised by kelly, 31/01 issued petty cash reimbursement. How to record these two transactions in general journal? Thanks in advance
Adjusting and paying accured expenses to record in general journal entries
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The following three separate situations require adjusting journal entries to prepare financial statements as of April 30. For each situation, present both the April 30 adjusting entry and the subsequent entry during May to record the payment of the accured expenses. a. on April 1, the... View more questions Search
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