subject
Business, 02.07.2019 19:10 brighamc23

Entries into t accounts and trial balance marjorie knaus, an architect, organized knaus architects on january 1, 20y4. during the month, knaus architects completed the following transactions: issued common stock to marjorie knaus in exchange for $30,000. paid january rent for office and workroom, $2,500. purchased used automobile for $28,500, paying $6,000 cash and giving a note payable for the remainder. purchased office and computer equipment on account, $8,000. paid cash for supplies, $2,100. paid cash for annual insurance policies, $3,600. received cash from client for plans delivered, $9,000. paid cash for miscellaneous expenses, $2,600. paid cash to creditors on account, $4,000. paid installment due on note payable, $1,875. received invoice for blueprint service, due in february, $5,500. recorded fees earned on plans delivered, payment to be received in february, $31,400. paid salary of assistants, $6,000. paid gas, oil, and repairs on automobile for january, $1,300. required: 1. record the above transactions (in chronological order) directly in the following t accounts, without journalizing. cash, accounts receivable, supplies, prepaid insurance, automobiles, equipment, notes payable, accounts payable, common stock, professional fees, rent expense, salary expense, blueprint expense, automobile expense, miscellaneous expense.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:30
The beach dude (bd) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). this case describes bd's sales and collection process. each bd salesperson works with a specific group of customers throughout the year. in fact, they often surf with their customers to try out the latest surf gear. the bd salespeople act laid-back, but they work hard for their sales. each sale often involves hours of surfing with their customers while the customers sample all the latest surf wear. because bd makes the best surfing products, the customers look forward to the visits from the bd salespeople. and they often buy a lot of gear. each sale is identified by a unique invoice number and usually involves many different products. customers pay for each sale in full within 30 days, but they can combine payments for multiple sales. bd manages its clothing inventory by item (e.g., xl bd surfer logo t-shirts), identified by product number, but it also classifies the items by clothing line (the lines are differentiated by price points as well as the intended use of the clothing, e.g., surfing products, casual wear, . draw a uml class diagram that describes the beach dudes sales and collection process.b. using microsoft access, implement a relational database from your uml class diagram. identify at least three fields per table.c. describe how you would use the relational database to determine the beach dude’s accounts receivable.
Answers: 3
question
Business, 22.06.2019 12:00
In the united states, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. in the united kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. the united kingdom has a comparative advantage in the production of:
Answers: 2
question
Business, 22.06.2019 19:00
Lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal.
Answers: 3
question
Business, 22.06.2019 20:40
Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.
Answers: 2
You know the right answer?
Entries into t accounts and trial balance marjorie knaus, an architect, organized knaus architects o...
Questions
question
History, 12.10.2019 07:20
question
Mathematics, 12.10.2019 07:20
question
Mathematics, 12.10.2019 07:20
Questions on the website: 13722361