X the column involved in the journal entry.DebitCashAccount1 businessYou put $10,000cash in your2 next month.You sell a $5000painting to Joey.The money's dueYou buy $300supplies on account3 from the paint storeYou pay $100cash bonus toyour helper sothey can buy4 turkey dinner.85 delivered.9You owe Staplesfor $75 of copypaper you had6 Joey paid his billYou pay off whatyou owe at the7 paint storeAmy puts $300 onyour desk for apainting you'll doover New YearsYou pay StaplesYou buy a scanner10 for $4000 cashDebitAcctsReceivableDebitAcctsPayableCreditCashCreditCreditAcctsAcctsReceivable Payableh

The question is related to Journal Entries in the Books of X. In Journal transactions are recorded…

X the column involved in the journal entry. Debit Cash Account You put $10,000 cash in your 1 business You sell a $5000 painting to Joey. The money's due 2 next month. You buy $300 supplies on account 3 from the paint store You pay $100 cash bonus to your helper so they can buy 4 turkey dinner. You owe Staples for $75 of copy paper you had 5 delivered. 6 Joey paid his bill You pay off what you owe at the 7 paint store Amy puts $300 on your desk for a painting you'll do 8 over New Years 9 You pay Staples You buy a scanner 10 for $4000 cash Debit Accts Receivable Debit Accts Payable Credit Cash Credit Accts Receivable Credit Accts Payable h

X the column involved in the journal entry. Debit Cash Account You put $10,000 cash in your 1 business You sell a $5000 painting to Joey. The money's due 2 next month. You buy $300 supplies on account 3 from the paint store You pay $100 cash bonus to your helper so they can buy 4 turkey dinner. You owe Staples for $75 of copy paper you had 5 delivered. 6 Joey paid his bill You pay off what you owe at the 7 paint store Amy puts $300 on your desk for a painting you'll do 8 over New Years 9 You pay Staples You buy a scanner 10 for $4000 cash Debit Accts Receivable Debit Accts Payable Credit Cash Credit Accts Receivable Credit Accts Payable h

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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hi how do we record this in MYOB. Please help me Transactions from early January 2021 2 Obtained a loan of $14,000 from Uncle Oliver (a family relative of Beatrice Reed) at a simple interest rate of 10% per year, Cheque No. 145, ID #CR000001. The principal and interest on the loan are payable in six months time. 3 Received Cheque No. 227 from Pikea for the full amount outstanding on their account, ID #CR000002. 4 Issued Cheque No. 4098 for $10,065 to Mega Tech in payment of Purchase #303 (Supplier Inv#230). 4 Purchased 9 units MePod multimedia players from Pony at $979 each (includes 10% GST), Purchase #306, Supplier Inv#328. Issued Cheque No. 4099 for $3,900 to this supplier for this particular invoice at the time of the purchase. 4 Issued Cheque No. 4100 for $1,320 (includes 10% GST) to Discount Office Supplies for the cash purchase of office supplies. 6 Sold the following items on credit to Jerry Technology, Invoice #3284: 3 units BG90 plasma televisions for…
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8. A The amount of money earning interest in a savings account H. withdrawal 9. Jessa Walton deposits $275.00 in a savings account. The account pays an annual interest rate of 5%. She makes no other deposits and withdrawals. After 3 months, the interest is calculated. How much simple interest did his money earn? 10. Suppose you deposit $5,000 in an account that pays 5.5% compounded daily. According to the table be now much interest will you earn in 25 days? 1nterrst = Aman+ heldia Amount of $1.00 Compounded Daily (365-Day Year)* Amount Day 1.00316 1.00331 5.5% GccanT X interest ratet Amount 1.00468 1.00483 Day Peroa 12months Pincipal cmant =9275 31 21 22 32 23 24 25 1.00498 33 1.00513 34 1.00528 1.00347 1.00362 1.00377 35 . Which of the following is the correct way to write the amount $56.67? fifty -Seven Ce Six dairs nd
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