Transaction in the journal

Assignment Help Accounting Basics
Reference no: EM13767280

Doris Stewart started her practice as a design consultant on September 1, 2015. During the first month of operation, the business completed the following transactions:

Requirement: Record each transaction in the journal using the following account titles: Cash, Account Receivable, Office Supplies, Prepaid Insurance, Furniture, Land, Account Payable, Utilities Revenue, Stewart, Capital, Stewart, Withdrawals, Services Revenue, Salaries Expenses, Rent Expense, Utilities Expense. Explanations are not required. (Record debits first, then credit. Explanation is not required.)

Sept. 1: Received $42,000 cash and gave capital to Stewart.

Reference no: EM13767280

Previous Q& A

  An earth systems approach to earth science

What is meant by an Earth systems approach to Earth Science?

  Criticism of the supreme courts decision in citizens united

Which of the following has NOT been a criticism of the Supreme Court's decision in Citizens United v. Federal Election Commission

  Decision about foreign direct investment

Decision about foreign direct investment in the country you are researching. Your final task for the team is to research the existence of quality requirements and foreign trade zones in the country.

  The origins of the energy sources

What are the origins of the energy sources? Are they renewable or nonrenewable?

  Porters forces - airline industry

The global commercial airline rivalry is extreme and major airlines compete closely for market share and growth. This competition transformed the concept of distance and it improved techniques, design, and service, pleasing passengers.

  Describe probation and punishment

Probation and Punishment-In the scenarios and resulting simulations, Robert Donovan, a Jurisville probation officer, discusses the intricacies of probation

  Research online sources best video gaming monitor

Research online sources (e.g., Amazon, eBay, ect.), for video display monitor and card combinations to satisfy a rich gaming experience in your home. Select the combination that your believe is of greatest value when considering the cost of each ..

  Write paper that analysis of vice presidents mikey and nick

Write a paper that Analysis of two vice presidents (Mikey and Nick), And analsis and Evaluate.

  What the aims method and purpose of compartive law

What the aims, method and purpose of compartive law

  Explain your assessment and add alternative argumentation

Evaluate each argument, using the 4-step process described on p. 218, regarding soundness of reasoning (truth and validity).Explain your assessment and add alternative argumentation where necessary.

Reviews

Write a Review

 

Similar Q& A

  Catlet co uses a periodic inventory system its records show

catlet co. uses a periodic inventory system. its records show the following for the month of may in which 65 units were

  Evaluate collection of accounts receivablecompute for each

evaluate collection of accounts receivable.compute for each year a the accounts receivable turnover and b the average

  Discuss possible ways to address the difficulties

What are the steps involved in the preparation of an advance plan for the distribution of cash in a partnership liquidation to determine which step is the most difficult to execute correctly. Discuss possible ways to address the difficulties you i..

  Early in january 2010 tellco inc acquired a new machine and

early in january 2010 tellco inc. acquired a new machine and incurred 100000 of interest installation and overhead

  Overall materiality for the audit is s100 000 shortly after

wyly waste management. wyly waste management wwm is an sec registrant and your firm is its auditor. overall materiality

  Wood designs company manufactures unfinished oak furniture

wood designs company manufactures unfinished oak furniture. wood designs uses a standard cost system. the direct labor

  Prepare journal entries to record the events of october

Prepare journal entries to record the events of October.

  The alphonse company allocates fixed overhead costs by

the alphonse company allocates fixed overhead costs by machine hours and variable overhead costs by direct labor hours.

  Munn bicycle company manufactures bicycles specifically for

munn bicycle company manufactures bicycles specifically for college campuses. the bicycles sell for 100 and are very

  There are many parts to an hr department not just for the

there are many parts to an hr department not just for the hiring process. theres the benefits office disability

  Cash versus accrual method of accounting

How much revenue will Drysdale recognize under the cash method and under the accrual basis? Describe how Drysdale should apply the matching principle to recognize expenses. Prepare an income statement according to the accrual method. Ignore income ta..

  Basics of consolidated statements

Emron Company owns a 100% interest in the common stock of the Dietz Company. On January 1, 20X2, Emron sold Dietz a fixed asset that Dietz will use over a 5-year period. The asset was sold at a $5,000 profit. In the consolidated statements, this p..

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