Journalize the issuance of common stock, the security consultant hired, the rent paid for building, the equipment purchased party for cash and party on account, the payment for advertisement, the bill received for repairing equipment, the service provided on account, the purchase of supply on account, the payment of due for the purchase of equipment, the utility bill received and paid, the cash received for the service rendered, the salaries and wages paid to employees.

Question

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Answer 1

Question

Chapter 3, Problem 18E

(a)

To determine

Journalize the issuance of common stock, the security consultant hired, the rent paid for building, the equipment purchased party for cash and party on account, the payment for advertisement, the bill received for repairing equipment, the service provided on account, the purchase of supply on account, the payment of due for the purchase of equipment, the utility bill received and paid, the cash received for the service rendered, the salaries and wages paid to employees.

(b)

To determine

Post the transaction to T-accounts.

(c)

To determine

Prepare the trial balance.

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Answer 2

Question

Chapter 3, Problem 18E

(a)

To determine

Journalize the issuance of common stock, the security consultant hired, the rent paid for building, the equipment purchased party for cash and party on account, the payment for advertisement, the bill received for repairing equipment, the service provided on account, the purchase of supply on account, the payment of due for the purchase of equipment, the utility bill received and paid, the cash received for the service rendered, the salaries and wages paid to employees.

(b)

To determine

Post the transaction to T-accounts.

(c)

To determine

Prepare the trial balance.

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Answer 3

Question

Chapter 3, Problem 18E

(a)

To determine

Journalize the issuance of common stock, the security consultant hired, the rent paid for building, the equipment purchased party for cash and party on account, the payment for advertisement, the bill received for repairing equipment, the service provided on account, the purchase of supply on account, the payment of due for the purchase of equipment, the utility bill received and paid, the cash received for the service rendered, the salaries and wages paid to employees.

(b)

To determine

Post the transaction to T-accounts.

(c)

To determine

Prepare the trial balance.

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Answer 4

Question

Chapter 3, Problem 18E

(a)

To determine

Journalize the issuance of common stock, the security consultant hired, the rent paid for building, the equipment purchased party for cash and party on account, the payment for advertisement, the bill received for repairing equipment, the service provided on account, the purchase of supply on account, the payment of due for the purchase of equipment, the utility bill received and paid, the cash received for the service rendered, the salaries and wages paid to employees.

(b)

To determine

Post the transaction to T-accounts.

(c)

To determine

Prepare the trial balance.

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Answer 5

Chapter 3, Problem 18E

(a)

To determine

Journalize the issuance of common stock, the security consultant hired, the rent paid for building, the equipment purchased party for cash and party on account, the payment for advertisement, the bill received for repairing equipment, the service provided on account, the purchase of supply on account, the payment of due for the purchase of equipment, the utility bill received and paid, the cash received for the service rendered, the salaries and wages paid to employees.

(b)

To determine

Post the transaction to T-accounts.

(c)

To determine

Prepare the trial balance.

Answer 6

Chapter 3, Problem 18E

(a)

To determine

Journalize the issuance of common stock, the security consultant hired, the rent paid for building, the equipment purchased party for cash and party on account, the payment for advertisement, the bill received for repairing equipment, the service provided on account, the purchase of supply on account, the payment of due for the purchase of equipment, the utility bill received and paid, the cash received for the service rendered, the salaries and wages paid to employees.

Answer 7

Chapter 3, Problem 18E

(a)

To determine

Journalize the issuance of common stock, the security consultant hired, the rent paid for building, the equipment purchased party for cash and party on account, the payment for advertisement, the bill received for repairing equipment, the service provided on account, the purchase of supply on account, the payment of due for the purchase of equipment, the utility bill received and paid, the cash received for the service rendered, the salaries and wages paid to employees.

Answer 8

(b)

To determine

Post the transaction to T-accounts.

Answer 9

(b)

To determine

Post the transaction to T-accounts.

Answer 10

(c)

To determine

Prepare the trial balance.

Answer 11

(c)

To determine

Prepare the trial balance.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 3 - Prob. 1Q Ch. 3 - Prob. 2Q Ch. 3 - Prob. 3Q Ch. 3 - Prob. 4Q Ch. 3 - Prob. 5Q Ch. 3 - Prob. 6Q Ch. 3 - Prob. 7Q Ch. 3 - Prob. 8Q Ch. 3 - Prob. 9Q Ch. 3 - Prob. 10Q

Post the transaction to T-accounts.

Prepare the trial balance.

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Chapter 3 Solutions