How do you know if a journal is reputable?

Q: What is a special journal?

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: % of salary contributed on behalf of employees Annual Salary Expense Brian Dennis President $…

A: Salary Expenses: The employer would recognize as salary expenses the sum of annual salary and a…

Q: Required information [The following information applies to the questions displayed below.) Service…

A: Journal entries are made by the corporation for recording the day-to-day business-related…

Q: Required: Assume Malestrom declared the entire dividend ($1.80 per share) on February 20 and…

A: Dividend is amount of cash, shares and rewards that a company gives to its shareholders. A company's…

Q: What is the journal entries ?

A: Sl. No.: Transaction Particulars Debit Credit 1 Purchase of material for cash Raw…

Q: How do I set up a general journal?

A:

Q: Dynamo Corporation manufactures toasters. Each toaster comes with a 5-year assurance-type warranty.…

A: Formula: Sales revenue = Total sales units x Sales price

Q: Purchased equipment costing $15,608 by taking out a 4-month installment note with First Bank. The…

A: Golden Rules of Accounting: Account Debit Credit Personal Accounts The Receiver The…

Q: What is a recurring journal entry? How it affects the whole entry system?

A: REcurring journal entries are the entries which get repeated in every accounting period for example…

Q: Prepare journal entries to record the following transactions for Allied assuming it uses a perpetual…

A: The journal keeps the record of day to day transactions of the business.

Q: How do you find invoice

A: The  question is based on the concept of Invoice and method to retrieve it. Invoice is a commercial…

Q: What would the journal entry be?

A: A pension plan is usually an agreement between the employer and employee wherein, the employer…

Q: In 2021, the internal auditors of Development Technologies, Inc., discovered that a $5.6 million…

A: Given that, During the audit of 2021, $5.6 Million purchase of merchandise in 2021 was recorded in…

Q: What is a journal entry?

A: Journal entry: Journal entry is a set of economic events which can be measured in monetary terms.…

Q: 3 20X4 Other comprehensive income - net actuarial (g) Pension asset (liability) -48 X -48 x

A: Actuarial gain in 20X4 is $48. There were no actuarial gain in 20X3.

Q: journalizing?

A: Journalizing is the process followed by businesses in recording their transactions in an orderly…

Q: What is the purpose of a bookkeeping system?

A: This question explains about the purpose of a bookkeeping system

Q: 31,2019 18% Preference Share Capital, par value of P100 authorized 10,000 shares, issued and…

A: Introduction:  A shareholder is registered by the corporation as the legal owner of shares of a…

Q: 5. Journalize and post the adjusting entries using the following information: a. Insurance expired…

A: Adjusting Entry – Adjusting Entries are the entries that make the accrual principle work for the…

Q: KMH Industries is a monthly schedule depositor of payroll taxes. For the month of August 2020, the…

A: Citizens are taxed in proportion to their financial situation, promoting social and economic…

Q: Why is it important to read the Misc Notes section?

A: Notes to financial statements are additional information and explanations provided in a company's…

Q: correct journal entry?

A: February / 3 Pre incorporation Expenses $9000               TO cash / Bank.              $9000…

Q: What is bookkeeping

A: Book Keeping is one of the functions of accounting.

Q: Given the following transactions for Dumfries Company during the month of October2021. 1.…

A: Dumfries Company {During the Month of October} Date Accounts title Debit  Credit         1…

Q: Are both registers and special journals necessary?

A:

Q: Weasley's Wizard Wheezes, Inc. (Www) values it inventory at the lower of FIFO cost or net realizable…

A: FIFO: FIFO stands for First-In, First-Out. As its name suggest, this method assumes that the oldest…

Q: Explain Counting and Record Keeping?

A: Although counting is the process of adding up numbers or marking a succession of numerals from…

Q: How do you create a journal entry accurately ?

A: Recording journal entry is the first step in  recording of financial trnsaction in the books of…

Q: Customer return and refund On December 28, 20Y3, Silverman Enterprises sold $18,500 of merchandise…

A: Journal entry: A journal entry is the act of keeping records of the business's day-to-day…

Q: What is journal proper? State what are the entries used to record it?

A: Journal proper was used to make original record of the transactions where there is no special…

Q: ompany issued $1,000,000 of bonds on January 1, 2019. These bonds had an 8% stated interest rate and…

A: Bond Face value   =   $  1,000,000.00 Bond issue price   $    (924,184.00) Discount on…