User Account

All Pages

Prepare the journal book or ledger book and trial balance

Assignment Help Financial Accounting
Reference no: EM132496438

Jan 1: Anne decided to start a business by investing 200,000 in cash and 40,000 in notes payable.

Jan 3: The Company borrowed 10,000 from the bank and signed a note.

Jan 4: Anne increased the investments by 10,000 in equipment.

Jan 6: The Company performed services for 100,000 and received 90,000 in cash.

Jan 8: The Company paid the following expenses: advertising 20,000 rent 10,000 and utilities 30,000.

Jan 10: The Company received 100,000 cash for services to be performed later.

Required:

Question 1: Prepare the journal book, ledger book and trial balance.

Reference no: EM132496438

Questions Cloud

Find what would the depreciation expense be : On July 1, 2019, Bronson Co. purchased some equipment, What would the depreciation expense be for 2020 if Bronson Co. used the double-declining-balance method?
Cultural differences into consideration during assessment : Normal and commonly accepted behaviors and expression of personality can vary widely from culture to culture.
Write about Facility Management : Assignment - The topic need to write about it is Facility Management. Identify four sourcing approaches, and for each one, identify and explain how you apply
Network requirement analysis and plan : Network requirement analysis and plan - Investigate suitable network designs to match requirements and Create appropriate frameworks and standards for network
Prepare the journal book or ledger book and trial balance : Prepare the journal book, ledger book and trial balance. Anne decided to start a business by investing 200,000 in cash and 40,000 in notes payable.
Problem statement for a dissertation : How does the gap/need that emerges from the extant literature during the literature review process influence the development of the problem
Understanding about sounds and symbol systems : Describe 2-3 listening and speaking activities or strategies teachers could use to help students develop phonemic awareness
Should the board conclude to issue the preferred stock : To maximize the anticipated return to common over the next 4 years, should the board conclude to issue the preferred stock as cumulative or noncumulative?
Beliefs of most psychologists regarding intelligence : Which of the following statements BEST reflects the beliefs of most psychologists regarding intelligence?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd