T-accounts-trial balance of dewitt

Assignment Help Accounting Basics

Reference no: EM13256469

Selected transactions from the journal of Dewitt Inc. during its first month of operations are presented here.

Date	Account /Description	Debit	Credit
Aug. 1	Cash	$3,490
	Common Stock		$3,490
Aug. 10	Cash	$1,850
	ServiceRevenue		$1,850
Aug. 12	Office Equipment	$6,130
	Notes Payable		$4,630
	Cash		$1,500
Aug. 25	Accounts Receivable	$3,130
	ServiceRevenue		$3,130
Aug. 31	Cash	$460
	Accounts Receivable		$460

By posting the above transactions to T-Accounts complete the following trial balance.

Reference no: EM13256469

Questions Cloud

Design a pulse-mode asynchronous sequential machine : A tollgate (vending machine) controller accepts only nickels (5c), dimes (10c), and quarts (25c), and generates control signal to actuate the lever to open the tollgate (or dispense a chosen item in case of vending machine) once 35c or more are re..

Implications of williamsns managerial discretion model : What are the implications of Williamsn's managerial discretion model and Baumol's sales maximization model

To change embedded in the dupont story : To what extent are the following approaches to change embedded in the DuPont story? Justify your answer, providing specific examples):

Calculate the collision frequency : In a 13.56 MHz RF plasma operating at a pressure of 250 mTorr, assume Te = 20,000 K. What is the typical mean free path between electron-gas collisions? Calculate the collision frequency. How many electron collisions will occur during each applied fi..

T-accounts-trial balance of dewitt : Selected transactions from the journal of Dewitt Inc. during its first month of operations are presented here. By posting the above transactions to T-Accounts complete the following trial balance.

Problem based on departmental break-up : Factory overhead for the year is estimated at Rs776,000. Departmental break-up is provided below:

Find retained earnings balance and total stockholders equity : Assume that the company declares and immediately distributes a 100%stock dividend. Find the retained earnings balance and the total stockholders equity? and also the shares outstanding.

Wal-mart uses the tagline : Wal-Mart uses the tagline "save money, live better" this is an example of product positioning by _. a. use or application b. cultural symbol c. price-quality relationshipd. product user.

What is the invoice price : You purchase a bond with a coupon rate of 7 percent, semiannual coupons, and a clean price of $1,011. If the next coupon payment is due in four months, what is the invoice price?

User Account

All Pages