On December 12, 2020, the furnace went out in the offices of Lambert & Sons Law Firm. They put in a service call to fix or replace the furnace. The service call and new furnace system cost the company $8,293. The company received a bill for the furnace repair on December 18, 2020, and paid the bill on January 4, 2021. What is (are) the correct journal entry(ies)? O O Dec. 12, 2021 Miscellaneous Expense Jan. 4, 2021 Cash (purchased furnace system for cash) Jan. 4, 2021 Dec. 12, 2020 Miscellaneous Expense Accounts Payable (purahsed furnance system on account) Accounts Payable Cash (paid cash for furnace system purchased on account) Dec. 18, 2020 Miscellaneous Expense Accounts Payable (purcahsed furnace system on account) Accounts Payable Cash 799 8,293 101 Jan. 4, 2021 Miscellaneous Expense (paid cash for furnace system purcahsed on account) Cash (purchased furnace system for cash) 8,293 8,293 8,293 799 8,293 201 201 8,293 101 8,293 8,293 8,293 8,293 8,293 8,293
On December 12, 2020, the furnace went out in the offices of Lambert & Sons Law Firm. They put in a service call to fix or replace the furnace. The service call and new furnace system cost the company $8,293. The company received a bill for the furnace repair on December 18, 2020, and paid the bill on January 4, 2021. What is (are) the correct journal entry(ies)? O O Dec. 12, 2021 Miscellaneous Expense Jan. 4, 2021 Cash (purchased furnace system for cash) Jan. 4, 2021 Dec. 12, 2020 Miscellaneous Expense Accounts Payable (purahsed furnance system on account) Accounts Payable Cash (paid cash for furnace system purchased on account) Dec. 18, 2020 Miscellaneous Expense Accounts Payable (purcahsed furnace system on account) Accounts Payable Cash 799 8,293 101 Jan. 4, 2021 Miscellaneous Expense (paid cash for furnace system purcahsed on account) Cash (purchased furnace system for cash) 8,293 8,293 8,293 799 8,293 201 201 8,293 101 8,293 8,293 8,293 8,293 8,293 8,293
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:On December 12, 2020, the furnace went out in the offices of Lambert & Sons Law Firm. They put in a service call to fix or replace the
furnace. The service call and new furnace system cost the company $8,293. The company received a bill for the furnace repair on
December 18, 2020, and paid the bill on January 4, 2021. What is (are) the correct journal entry(ies)?
O
Dec. 12, 2021 Miscellaneous Expense
Jan. 4, 2021
Cash
(purchased furnace system for cash)
Dec. 12, 2020 Miscellaneous Expense
Accounts Payable
(purahsed furnance system on account)
Accounts Payable
Jan. 4, 2021
Cash
(paid cash for furnace system purchased on account)
Dec. 18, 2020 Miscellaneous Expense
Accounts Payable
(purcahsed furnace system on account)
Accounts Payable
799 8,293
101
Cash
(paid cash for furnace system purcahsed on account)
Jan. 4, 2021 Miscellaneous Expense
Cash
(purchased furnace system for cash)
8,293
8,293
8,293
799 8,293
201
201 8,293
101
8,293
8,293
8,293
8,293
8,293
8,293
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