Transaction help, Accounting Basics

If my company sells 4000 shares of common stock for $86,400, how do I record this in the Journal?
Posted Date: 10/31/2012 3:44:44 PM | Location : United States







Related Discussions:- Transaction help, Assignment Help, Ask Question on Transaction help, Get Answer, Expert's Help, Transaction help Discussions

Write discussion on Transaction help
Your posts are moderated
Related Questions
Q. What is Cost-benefit? Cost-benefit The cost-benefit consideration engrosses deciding whether the benefits of including optional information in financial statements exceed th

Billable expenses are those expenses incurred by you on behalf of your client in performing duties / supply and service. These expenses are recoverable from your customer by way of

General rationale financial statements provide much of the information needed by external users of financial accounting. These financial statements are official reports providing i

#question.outline basic elements to keep in mind while preparing an income statement?

Credit -- an accounting entry on the bottom or right of a balance sheet. Generally an increase inliabilities or capital or a reduction in assets. Opposite of credit is debit. Every

Hello, I'm having trouble understanding Direct Cost, Overhead Cost and Indirect Cost. ***Also Period cost and Product cost. please can anyone explain it and give examples for eac

Adjusting entries in the general journal Be sure to put down the words "Adjusting Entries" at the beginning of journal after the last entry of month. By placing these words at

GDYJ-503 is developed according to the national standard GB-86 Insulating Oil Dielectric Strength Testing Method .The tester can test three cups of oil at the similar time. LCD scr

Q. What is accounting system? Accrual basis, system, or method -- an accounting system which records revenues andexpenses at the time when transaction takes place,not at the ti

Q. Example on gross margin method? To demonstrate the gross margin method of computing inventory assumes that for several Years Field Company has maintained a 30 per cent gross