Write the journal entry

Assignment Help Accounting Basics
Reference no: EM133609961

Question: You found you have some U.S. Savings Bonds laying around from a grandparent. You decide to cash those in and receive $300, which you deposit in your personal bank account. write the journal entry

Reference no: EM133609961

Questions Cloud

How much must jean and pat report as gross income : They bought one house in March for $200,000, lived in it for 3 months while fixing it (spending $50,000 in fixing expenses) then sold it in June for $350,000.
What shows irony or a satrical or sarcastic tone : Welty vividly portrays the dysfunctional dynamics within the protagonist's family. And for one of the examples what shows irony or a satrical/sarcastic tone?
More per unit to make the logo bigger : Assume the company loses 15% of its planned customers if it attempts to sell the ovens at a 15% premium and spending $5 more per unit to make the logo bigger
Discuss whether you lean toward free will or determinism : Discuss whether you lean toward free will or determinism (provide a short explanation), 2) whether you see free will beliefs as contrary to scientific progress
Write the journal entry : You decide to cash those in and receive $300, which you deposit in your personal bank account. write the journal entry
Explain how this knowledge provides evidence on the effects : Explain how this knowledge provides evidence on the effects of integrating Language Arts Literacy across the content areas.
Transactions are risk scored based on what : Within MindBridge, transactions are risk scored based on what? The aggregate result of each control point test based on their individual weighting
When stress causes physical ailments like ulcers : When stress causes physical ailments like ulcers or high blood pressure, these problems are called stress-induced mental illness. hypochonodria syndromes.
Discusses positives and negatives of social media in society : This peer-reviewed source discusses the positives and negatives of social media in society. It highlights the ability of social media to connect people.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the company prior service cost

What is the company's prior service cost at the beginning of 2022 with respect to Davenport after the amendment described above

  Calculate the dollar amount of Annapolis Clothing Finished

Use this information to calculate the dollar amount of Annapolis Clothing's Finished Goods Inventory for January 1, 2018

  How to make the journal entry

How to make the journal entry for the following operation: In December 2020, company X exchanged one of its horses acquired on January 1, 2019

  The change will result in a 3600000 increase in the

on december 31 2013 gifts galore inc. appropriately changed its inventory valuation method from weighted-average cost

  On january 1 2014 nowell company issued 500000 in bonds

on january 1 2014 nowell company issued 500000 in bonds that mature in five years. the bonds have a stated interest

  Calculate variable overhead spending variance

Calculate variable overhead spending variance if actual labour hours used are 260, standard variable overhead rate is $10.40 per direct labour hour

  Calculate the cost of goods sold and ending inventory

The company began 2021 with 1,400 lamps in inventory at a cost of $13 per unit. Calculate the cost of goods sold and ending inventory

  Identify and describe any internal control shortcomings

The stock balance is determined at the end of the year by way of a stock count, Identify and describe any internal control shortcomings

  A company is considering the purchase of a new machine for

a company is considering the purchase of a new machine for 72000. management predicts that the machine can produce

  Generate the relevant accounting entries for the years

As the Accountant for the Company, you are required to generate the relevant accounting entries for the years ending 2018 to 2025

  Construct project cash flow statements using indirect method

Assume the company has a long-term growth rate for 2% after the fifth year, Construct project Cash Flow Statements using indirect method

  Analyze the effect of the transaction on the account balance

Transaction Analysis. For each of the following transactions below, analyze the effect of the transaction on the account balances indicated.

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!

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