Monopoly Journal Entry I need help in doing some Journal entries using accrual accounting based on the Monopoly game community chest events not quite sure if there should be one recorded. All transaction are on credit. 1) You Spend the day playing games with kids at local children hospital Collect $100 2) Your Building loan Matures Collect $150

Monopoly Journal Entry I need help in doing some Journal entries using accrual accounting based on the Monopoly game community chest events not quite sure if there should be one recorded. All transaction are on credit. 1) You Spend the day playing games with kids at local children hospital Collect $100 2) Your Building loan Matures Collect $150

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter2: Analyzing Transactions Into Debit And Credit Parts

Section2.3: Analyzing How Transactions Affect Owner’s Equity Accounts

Problem 1WT

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Khalfan open account into Dhofar Bank and deposits OMR13,500 cash on withdrew OMR3,500 for business use. On Dhofar Bank debited from Khalfan account OMR200 as by he 021 a bank charge and by money transfer of OMR1,800 from Dhofar Bank to Khalfan makes Work Required: Journalized the above transactions at Khalfan book accounts
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A E F Withdrawal, Payment (-) Deposit, Credit (+) 1 Date Check Number Transaction Description Fees Balance 3/1/21 $735.00 Bonus Book Store (computer 111 textbooks) 3 3/2/21 $72.50 $662.50 4 3/3/21 112 Bright Lumen Fixtures (study lar $39.95 $622.55 113 Dora's Flowers Deposit (ATM) 114 D&R Rental Agency- Rent 115 Super Cell Phone (2/1-3/1) 3/4/21 $32.00 $590.55 6 3/5/21 $75.00 $665.55 7 3/7/21 $475.00 $190.55 8 3/8/21 $75.00 $115.55 9 3/9/21 116 Ace Computer Supplies $147.60 -$32.05 10 3/10/21 Bank Fee $18.00 -$50.05 11 3/12/21 Deposit $200.00 $149.95
Required information You did only the t-accounts for the ansewr when i asked before so I was wondering if you would please help me out with the journal entries this time. You can see down there what the last person who helped said. So no t accounts this time just journal entry please. [The following information applies to the questions displayed below.] The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Accounts Debits Credits Cash $ 4,500 Accounts Receivable 9,500 Supplies 3,500 Equipment 36,000 Accumulated Depreciation $ 8,000 Accounts Payable 6,000 Utilities Payable 7,000 Deferred Revenue 0 Common Stock 23,000 Retained Earnings 9,500 Totals $ 53,500 $ 53,500 The following is a summary of the transactions for the year: 1. January 24 Provide plumbing services…
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Can you work all of question 3 out for me to see if I’m doing This right? Y’all have been very helpful for me by helping me compare answers, which has helped me tremendously in the online world since I don’t have a teacher, so thank you.
Use the following sales journal to record the transactions. All credit sales are terms of n/30. (If a box is not used in the journal leave the box empty; do not select information or enter a zero.) i (Click the icon to view the transactions.) Jun Date 2024 Invoice No. Account Debited More info Jun. 1 Jun. 8 Customer Jun. 13 Jun. 28 Sales Journal Post. Ref. Accounts Receivable DR Sales Revenue CR Sold merchandise inventory on account to Ford Junk, $1,250. Cost of goods, $960. Invoice no. 101. Page Cost of Goods Sold DR Merchandise Inventory CR Sold merchandise inventory on account to Iris Fray, $2,250. Cost of goods, $1,650. Invoice no. 102. Sold merchandise inventory on account to Jack Tremane, $400. Cost of goods, $240. Invoice no. 103. Sold merchandise inventory on account to Gail White, $810. Cost of goods, $650. Invoice no. 104. Print Done X
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Received a check for $72 from a customer, Mr. White. Mr. White owed you $124. Which journal would the company use to record this transaction? A. sales journal B. purchases journal C. cash receipts journal D. cash disbursements journal E. general journal