Business, 12.08.2020 06:01 ineedhelp2285
ollowing are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owner, invested $5,250 cash and $22,575 of photography equipment in the company in exchange for common stock. 2 The company paid $2,300 cash for an insurance policy covering the next 24 months. 5 The company purchased office supplies for $998 cash. 20 The company received $3,000 cash in photography fees earned. 31 The company paid $866 cash for August utilities. Prepare general journal entries for the above transactions.
Answers: 2
Business, 21.06.2019 20:30
Juniper company uses a perpetual inventory system and the gross method of accounting for purchases. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 26, it paid the full amount due. the correct journal entry to record the merchandise return on august 11 is:
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Business, 22.06.2019 05:00
Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.
Answers: 3
Business, 22.06.2019 06:00
When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue.accounts receivable and crediting interest revenue.notes receivable and crediting accounts receivable and interest revenue.notes receivable and crediting accounts receivable.
Answers: 3
ollowing are the transactions of a new company called Pose-for-Pics. Aug. 1 Madison Harris, the owne...
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