User Account

All Pages

Write the journal entry using the format shown in chapter

Assignment Help Accounting Basics
Reference no: EM13880372

For each of the transactions in M2- 9 (including the sample), write the journal entry using the format shown in this chapter (omit explanations).

a. (Sample) Borrowed $ 3,940 from a local bank on a note due in six months.

b. Received $ 4,630 cash from investors and issued common stock to them.

c. Purchased $ 1,000 in equipment, paying $ 200 cash and promising the rest on a note due in one year.

d. Paid $ 300 cash for supplies.

e. Bought and received $ 700 of supplies on account.

Reference no: EM13880372

Questions Cloud

What is the typical format of a journal entry : What is a journal entry? What is the typical format of a journal entry?
What is the initial rate of cooling : What is the initial rate of cooling? How long does it take for the wafer to reach a temperature of 50°C? Comment on how the relative effects of convection and radiation vary with time during the cooling process.
Explain the steps involved in an a/b test : As it relates to an A/B test: Explain the steps involved in an A/B test. As a Marketer working with a Graphic Designer, you both disagree on which image to use for an ad. How can you use an A/B test to resolve your disagreement
Explain whether you agree or disagree : OSHA should relax many of its workplace safety regulations, for instance, by relying on workers to take precautions rather than requiring expensive safety devices on machines and tools.
Write the journal entry using the format shown in chapter : For each of the transactions in M2- 9 (including the sample), write the journal entry using the format shown in this chapter (omit explanations). a. (Sample) Borrowed $ 3,940 from a local bank on a note due in six months. b. Received $ 4,630 cash fro..
Equivalent thermal circuit for pin-chip-board assembly : As more and more components are placed on a single integrated circuit (chip), the amount of heat that is dissipated continues to increase. However, this increase is limited by the maximum allowable chip operating temperature, which is approximatel..
Determine the key ways that inventory management systems : Determine the key ways that inventory management systems and technolog
Report in its income statement for the year ended : 1.On June 30, 2013, Papa Phil Inc. leased 200 pizza ovens for its chain of restaurants from Pizza Inc.
Determine competitive price and quantity of studded tires : Over their lifetimes, studded tires cause considerable road damage. The best estimate of total road damage is C = .25Q2

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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