Question #2 - Post the transactions to the Ledger PLEASEE HELP ME HURRU.I AM IN DESK Wanda, the owner invests $40,000 into her business Acme Company Purchases equipment on credit for $10,000 Does work for a customer and immediately receives $3000 Does work for another customer for $4000 and sends them a bill Purchases office supplies for $1500 Receives payment of $2,500 from customer in # 4 above Pays assistant $1,000 Pays rent of $1,200 Pays $4,000 towards equipment purchased in #2 Takes out $200

Question #2 - Post the transactions to the Ledger PLEASEE HELP ME HURRU.I AM IN DESK Wanda, the owner invests $40,000 into her business Acme Company Purchases equipment on credit for $10,000 Does work for a customer and immediately receives $3000 Does work for another customer for $4000 and sends them a bill Purchases office supplies for $1500 Receives payment of $2,500 from customer in # 4 above Pays assistant $1,000 Pays rent of $1,200 Pays $4,000 towards equipment purchased in #2 Takes out $200

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Description: Question #2 - Post the transactions to the LedgerPLEASEE HELP ME HURRU.I AM IN DESKWanda, the owner invests $40,000 into her business Acme CompanyPurchases equipment on credit for $10,000Does work for a customer and immediately receives $3000Does wo

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 3PB: Hajun Company started its business on May 1, 2019. The following transactions occurred during the...

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Jul 2 Recommended to the owner, Jen Beck, that she put some of the cash into a Money Market account that will earn interest. Jen agrees. Create the general ledger account 1030 Money Market and transfer $7,000 into the account. Just tell me in quickbooks where do i record this transaction?bill (enter bills window)credit (enter bills window)bill pmt - check (pay bills window)check (write checks window)invoice (create invoices window)payment (receive payments window)sales receipt (enter sales receipts window)deposit (make deposit window)general journal (make general journal entries window)inventory adjust (adjust quantity/value on hand window)sales tax payment (pay sales tax window)paycheck (pay employees window)liability check (pay payroll liabilities window)transfer (transfer funds between accounts window)credit card charge (enter credit card charges window)credit memo (create credit memos/refunds window)discounts (receive payments window)
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5. Collected customer in payment of her P150.00 from This transaction involves_ therefore, it is recorded in, _journal. account 6. Received P500.00 cash payment This from customer for 20 pcs of involves, therefore, it is recorded in, transaction _journal. accessories. 7. Paid utilities expense of the This transaction involves_ store. therefore, it is recorded in, journal. involves. 8. Paid salary of store staff, P6,000. therefore, it is recorded in This transaction _journal. Although this transaction involves purchase on from account, it does not qualify to be recorded 9. Acquired Woodcrafts Shop costing P5,000 purchase journal since the item purchased is not and issued a promissory note. furniture a merchandise; therefore, it is recorded in general journal. 15 Although this transaction involves does not qualify to be recorded -- it 10. You sold old store cabinet of Kikay Kit Store to a friend since the item is not a merchandise; amounting she therefore, P2,000.00, it is recorded in…
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