Paid $43 for an oil change. Paid $405 to install special shelving units, which increase the operating efficiency of th- re Pharoah Company's journal entries to record these two transactions. (Credit account th nt Is entered. Do not Indent manually. If no entry Is requlred, select "No Entry" for the account tit Account Titles and Explanation Debit
Paid $43 for an oil change. Paid $405 to install special shelving units, which increase the operating efficiency of th- re Pharoah Company's journal entries to record these two transactions. (Credit account th nt Is entered. Do not Indent manually. If no entry Is requlred, select "No Entry" for the account tit Account Titles and Explanation Debit
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter3: The General Journal And The General Ledger
Section: Chapter Questions
Problem 6E: The bookkeeper for Nevado Company has prepared the following trial balance: The bookkeeper has asked...
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Question
![Pharoah Company had the following two transactions related to its delivery truck.
1.
Paid $43 for an oil change.
2.
Paid $405 to install special shelving units, which increase the operating efficiency of the truck.
Prepare Pharoah Company's journal entries to record these two transactions. (Credit account titles are automatically Indented wher
amount Is entered. Do not indent manually. If no entry is requlred, select "No Entry" for the account titles and enter O for the amounts.)
No. Account Titles and Explanation
Debit
Credit
1.
2.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F17705b1a-06af-46a9-9005-25b9212b5e91%2F942825ba-bcdc-4503-b179-bb91a16bc089%2Fk44ltto_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Pharoah Company had the following two transactions related to its delivery truck.
1.
Paid $43 for an oil change.
2.
Paid $405 to install special shelving units, which increase the operating efficiency of the truck.
Prepare Pharoah Company's journal entries to record these two transactions. (Credit account titles are automatically Indented wher
amount Is entered. Do not indent manually. If no entry is requlred, select "No Entry" for the account titles and enter O for the amounts.)
No. Account Titles and Explanation
Debit
Credit
1.
2.
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