H. Record Transactions for Jan 20 Date Transaction 1-Jan Make Initial deposit of $100,000 to checking account 3-Jan Record invoice from Kanya WEST for $1000 5-Jan Purchased Computer from Office Depot on account $3000 10-Jan Provided repair service to ABC for $5000 on account 10-Jan Paid invoice from Kanye West Realty 12-Jan Provided new construction services to DEF on account for $10k 15-Jan Record invoice for legal services $1500 from Pope Pope PLC on account 18-Jan Purchased 1000 bricks from Peter Stones & Bricks at $5 each on account (Hint: create Purchase order and receive item and bill on same day 21-Jan Collected invoice from ABC in full; deposit to Savings 25-Jan Sold 600 bricks to GHI for $10 each on account 30-lan Transfer $25000 from Checking to Savings 1. Submit the following: Trial Balance as of Jan 31, 2023 General Journal for the period Jan 1-31 2023 Inventory Stock Status Report as of Jan 31 2023

H. Record Transactions for Jan 20 Date Transaction 1-Jan Make Initial deposit of $100,000 to checking account 3-Jan Record invoice from Kanya WEST for $1000 5-Jan Purchased Computer from Office Depot on account $3000 10-Jan Provided repair service to ABC for $5000 on account 10-Jan Paid invoice from Kanye West Realty 12-Jan Provided new construction services to DEF on account for $10k 15-Jan Record invoice for legal services $1500 from Pope Pope PLC on account 18-Jan Purchased 1000 bricks from Peter Stones & Bricks at $5 each on account (Hint: create Purchase order and receive item and bill on same day 21-Jan Collected invoice from ABC in full; deposit to Savings 25-Jan Sold 600 bricks to GHI for $10 each on account 30-lan Transfer $25000 from Checking to Savings 1. Submit the following: Trial Balance as of Jan 31, 2023 General Journal for the period Jan 1-31 2023 Inventory Stock Status Report as of Jan 31 2023

Name: 57 H. Record Transactions for Jan 2058 Date5970Transaction1-Jan Make
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Description: 57 H. Record Transactions for Jan 2058 Date5970Transaction1-Jan Make Initial deposit of $100,000 to checking account3-Jan Record invoice from Kanya WEST for $1000715-Jan Purchased Computer from Office Depot on account $3000727374757610-Jan Provided

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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Received $3,000 cash from Gomez Co. on its receivable. Note: Enter debits before credits. Date December 28 Record entry General Journal Clear entry Q Search D
REQUIRED: • JOURNAL ENTRIES • T-Accounts Note: PLEASE NO TO HANDWRITTEN. Make it TYPEWRITTEN thank you!
hi how do we record this in MYOB. Please help me Transactions from early January 2021 2 Obtained a loan of $14,000 from Uncle Oliver (a family relative of Beatrice Reed) at a simple interest rate of 10% per year, Cheque No. 145, ID #CR000001. The principal and interest on the loan are payable in six months time. 3 Received Cheque No. 227 from Pikea for the full amount outstanding on their account, ID #CR000002. 4 Issued Cheque No. 4098 for $10,065 to Mega Tech in payment of Purchase #303 (Supplier Inv#230). 4 Purchased 9 units MePod multimedia players from Pony at $979 each (includes 10% GST), Purchase #306, Supplier Inv#328. Issued Cheque No. 4099 for $3,900 to this supplier for this particular invoice at the time of the purchase. 4 Issued Cheque No. 4100 for $1,320 (includes 10% GST) to Discount Office Supplies for the cash purchase of office supplies. 6 Sold the following items on credit to Jerry Technology, Invoice #3284: 3 units BG90 plasma televisions for…
Journal entry worksheet The Krug Company collected $16,200 rent in advance on November 1, debiting Cash and crediting Unearned Rent Revenue. The tenant was paying 12 months’ rent in advance and occupancy began November 1. Note: Enter debits before credits. Transaction General Journal Debit Credit a.
Journalize the following transactions: i. December 7. Wrote off Wilderness Park Accessories, Inc.'s past-due account as uncollectible. $247.60. M203. ii. iii. December 17. Received cash in full payment of Wilderness Park Accessories, Inc.'s account, previously written as uncollectible, $247.60. M215 and R461. December 23. Wrote off Bart's Landscaping's past-due account as uncollectible, $829.35. M229.
Subject: acounting
June 12, 2024 Provide services to customers on account for $33,800. September 17, 2024 Receive $19,000 from customers on account. December 31, 2024 March 4, 2025 May 20, 2025 July 2, 2025 October 19, 2025 December 31, 2025 Estimate that 40% of accounts receivable at the end of the year will not be received. Provide services to customers on account for $48,800. Receive $10,000 from customers for services provided in 2024. Write off the remaining amounts owed from services provided in 2024. Receive $39,000 from customers for services provided in 2025. Estimate that 40% of accounts receivable at the end of the year will not be received. Required: 1. Record transactions for each date. 2. Post transactions to the following accounts: Cash, Accounts Receivable, and Allowance for Uncollectible Accounts. 3. Calculate net accounts receivable reported in the balance sheet at the end of 2024 and 2025. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required…
Record the following transactions for the Scott Company: Transactions: Nov. 4 Received a $6,500, 90-day, 6% note from Tim’s Co. in payment of the account. Dec. 31 Accrued interest on the Tim’s Co. note. Feb. 2 Received the amount due from Tim’s Co. on the note. Required: Journalize the above transactions. Refer to the Chart of Accounts for exact wording of account titles. Round your answers to two decimal places. Assume a 360-day year when calculating interest. CHART OF ACCOUNTS Scott Company General Ledger ASSETS 110 Cash 111 Petty Cash 121 Accounts Receivable-Batson Co. 122 Accounts Receivable-Bynum Co. 123 Accounts Receivable-Calahan Inc. 124 Accounts Receivable-Dodger Co. 125 Accounts Receivable-Fronk Co. 126 Accounts Receivable-Miracle Chemical 127 Accounts Receivable-Solo Co. 128 Accounts Receivable-Tim’s Co. 129 Allowance for Doubtful Accounts 131 Interest Receivable 132 Notes Receivable-Tim’s Co. 141…
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Activity 4: journalize the following transactions
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