Journalize the following transactions. You may leave out the explanations and disregard the posting reference.
A. Paul invested $33,000 into his company, Paul's Sports, on January 9.
B. The company purchased $6,300 of furniture on account on February 14.
C. The company paid three month's rent of $4,500 and recorded it as a prepaid expense on February 22.
D. The company bought $5,300 of office desks and $9,000 of computer equipment for $14,300 cash
on March 9.
E. The company incurred $1400 of wages to be paid next week. This entry is to be dated March 19.
Correct Answer:
Verified
Q83: Casey Corporation purchased a $600 two-year insurance
Q84: The account "Notes Payable" had the following
Q85: Using the accounts below, determine the accounts
Q86: Prepare general journal entries for the following
Q87: Brandon Company sold season tickets for $700
Q89: Toys, Inc. paid one of its creditors
Q90: Journalize the following transactions. You may omit
Q91: Post the general journal below to the
Q92: ABC Corporation purchases a building for $35,000
Q93: Journalize the following business transactions in general
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents