Use the following information. 1. Pay employee salaries of $560 by issuing checks. 2. Purchase computer equipment of $960 using a credit card. 3. Pay for maintenance of $360 for a company vehicle using a debit card. Record the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
Use the following information. 1. Pay employee salaries of $560 by issuing checks. 2. Purchase computer equipment of $960 using a credit card. 3. Pay for maintenance of $360 for a company vehicle using a debit card. Record the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Use the following information.
1. Pay employee salaries of $560 by issuing checks.
2. Purchase computer equipment of $960 using a credit card.
3. Pay for maintenance of $360 for a company vehicle using a debit card.
Record the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)
View transaction list
Journal entry worksheet
1
3
>
Record payment of employee salaries of $560 by issuing checks.
Note: Enter debits before credits.
Transaction
General Journal
Debit
Credit
1
Record entry
Clear entry
View general journal
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