Selected transactions for Bonnie Donne Company during its first month in husiness are as follows. Sept. 1 Invested $10.000cashin the business. Purchased equipment for $14,000 paying $4.000 in cashand the balance on account. 25 Paid $3.000 cash on balance owed for equipment. Withdrew $900 cash far personal use. 30 Donne's chart of accounts shows No. 101 Cash, No. 157 Equipment, No 201 Accounts Payable, No. 301 Owner's Capital, and No. 306 Owner's Drawings. (a) Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter O for the gmounts.) Date Account Titles and Explanation Debit Credit

Selected transactions for Bonnie Donne Company during its first month in husiness are as follows. Sept. 1 Invested $10.000cashin the business. Purchased equipment for $14,000 paying $4.000 in cashand the balance on account. 25 Paid $3.000 cash on balance owed for equipment. Withdrew $900 cash far personal use. 30 Donne's chart of accounts shows No. 101 Cash, No. 157 Equipment, No 201 Accounts Payable, No. 301 Owner's Capital, and No. 306 Owner's Drawings. (a) Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter O for the gmounts.) Date Account Titles and Explanation Debit Credit

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter14: Accounting For Uncollectible Accounts Receivable

Section: Chapter Questions

Problem 2AP

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Selected transactions for Bonnie Donne Company during its first month in business are as follows.
Sept. 1
Invested $10,000 cash in the business.
5
Purchased equipment for $14,000 paying $4,000 in cash and the balance on account.
25
Paid $3.000 cash on balance owed for equipment.
30
Withdrew $900 cash far personal use.
Donne's chart of accounts shows No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable, No, 301 Owner's Capital, and No. 306
Owner's Drawings.
(a)
Journalize the transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is
entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for
the account titles and enter 0 for the amounts.)
Date
Account Titles and Explanation
Debit
Credit

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Cash Over and Short Miller Enterprises deposits the cash received during each day at the end of the day. Miller deposited $48,287 on October 3 and $50,116 on October 4. Cash register records and other documents supporting the deposits are summarized as follows: 10/3 10/4 Cash sales $36,690 $40,310 Collections on account 10,875 9,813 Total receipts $47,565 $50,123 Required: 1. Calculate the amount of cash over or cash short for each day. Enter negative values as negative numbers. 2. Prepare the journal entry to record the receipt and deposit of cash on October 3. For those boxes in which no entry is required 3. Prepare the journal entry to record the receipt and deposit of cash on October 4. For those boxes in which no entry is required 4. CONCEPTUAL CONNECTION: If you were the manager with responsibility over the cash registers, how would you use this information?
Current Attempt in Progress The cash register tape for Marin Industries reported sales of $8,795.50. Record the journal entry that would be necessary for each of the following situations. (a) Sales per cash register tape exceeds cash on hand by $64.96. (b) Cash on hand exceeds cash reported by cash register tape by $36.24. (Round answers to 2 decimal places, e.g. 52.75. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Transactions Account Titles and Explanation Debit Credit (a) (b)
I need answer of this question solution general accounting
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**General Journal needed** Review uploaded images Rick Hall owns a card shop: Hall’s Cards. The following cash information is available for the month of August Year 1. As of August 31, the bank statement shows a balance of $13,250. The August 31 unadjusted balance in the Cash account of Hall’s Cards is $9,564. A review of the bank statement revealed the following information: A deposit of $1,250 on August 31, Year 1, does not appear on the August bank statement. It was discovered that a check to pay for baseball cards was correctly written and paid by the bank for $1,750 but was recorded on the books as $2,650. When checks written during the month were compared with those paid by the bank, three checks amounting to $4,095 were found to be outstanding. A debit memo for $59 was included in the bank statement for the purchase of a new supply of checks.
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Journalizing Cash Receipts Enter the following transactions in a cash receipts journal: July 6 Abel Linstron made payment on account, $623. 10 Made cash sales for the week, $2,340. 14 Vassia Efron made payment on account, $430. 15 P. R. Picard made payment on account, $117. 17 Made cash sales for the week, $2,237. If the account credited column is not used, select "No entry".
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