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E2-10 Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-4] Rawlco Communications operates 15 radio stations. The following events occurred during September. a. Placed an order for office supplies costing $1,600. Supplier intends to deliver later in the month. b. Purchased equipment that cost $21,000; paid $6,000 cash and signed a promissory note to pay $15,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month. e. Received an investment of $9,000 cash from the company's owners in exchange for issuing common shares. f Supplies [ordered in (a)] were received, along with a bill for $1,600. 2-10 Part 2 Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry

E2-10 Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-4] Rawlco Communications operates 15 radio stations. The following events occurred during September. a. Placed an order for office supplies costing $1,600. Supplier intends to deliver later in the month. b. Purchased equipment that cost $21,000; paid $6,000 cash and signed a promissory note to pay $15,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month. e. Received an investment of $9,000 cash from the company's owners in exchange for issuing common shares. f Supplies [ordered in (a)] were received, along with a bill for $1,600. 2-10 Part 2 Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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please provide all journal entry without image thnx

E2-10 Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-4] Rawlco Communications operates 15 radio stations. The following events occurred during September. a. Placed an order for office supplies costing $1,600. Supplier intends to deliver later in the month. b. Purchased equipment that cost $21,000; paid $6,000 cash and signed a promissory note to pay $15,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month. e. Received an investment of $9,000 cash from the company's owners in exchange for issuing common shares. f. Supplies [ordered in (a)] were received, along with a bill for $1,600. E2-10 Part 2 2. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry workchoat 0 chp 1-2013 Fall pptx < Prev 4 of 5 Next > J
Transcribed Image Text:E2-10 Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-4] Rawlco Communications operates 15 radio stations. The following events occurred during September. a. Placed an order for office supplies costing $1,600. Supplier intends to deliver later in the month. b. Purchased equipment that cost $21,000; paid $6,000 cash and signed a promissory note to pay $15,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month. e. Received an investment of $9,000 cash from the company's owners in exchange for issuing common shares. f. Supplies [ordered in (a)] were received, along with a bill for $1,600. E2-10 Part 2 2. Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry workchoat 0 chp 1-2013 Fall pptx < Prev 4 of 5 Next > J
Journal entry worksheet < 1 2 Transaction a Note: Enter debits before credits. 3 Placed an order for office supplies costing $1,600. Supplier intends to deliver later in the month. Record the transaction. Record entry Chp 1-2015 Fail pptx X 4 5 General Journal PI Clear entry 6 O < Prev Debit Credit View general journal 4 of 5 4 Next >
Transcribed Image Text:Journal entry worksheet < 1 2 Transaction a Note: Enter debits before credits. 3 Placed an order for office supplies costing $1,600. Supplier intends to deliver later in the month. Record the transaction. Record entry Chp 1-2015 Fail pptx X 4 5 General Journal PI Clear entry 6 O < Prev Debit Credit View general journal 4 of 5 4 Next >
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