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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 53
Journalizing Transactions
Chris North is the founder and president of North Enterprises, a real estate development venture.he business transactions during April while the company was being organized are listed below.
Instructions
a.repare journal entries to record the above transactions.elect the appropriate account titles from the following chart of accounts:
b.ndicate the effects of each transaction on the company's assets, liabilities, and owners' equity for the month of April.rganize your analysis in tabular form as shown below for the April 1 transaction:
Chris North is the founder and president of North Enterprises, a real estate development venture.he business transactions during April while the company was being organized are listed below.
Instructions
a.repare journal entries to record the above transactions.elect the appropriate account titles from the following chart of accounts:
b.ndicate the effects of each transaction on the company's assets, liabilities, and owners' equity for the month of April.rganize your analysis in tabular form as shown below for the April 1 transaction:
Explanation
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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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