Horngren's Accounting, Student Value Edition (12th Edition)

12th Edition

ISBN: 9780134487151

Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura

Publisher: PEARSON

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Textbook Question

Chapter 4, Problem 2.1CP

Comprehensive Problem 2 for Chapters 1 —4

This comprehensive problem is a continuation of Comprehensive Problem 1. Murphy Delivery Service has completed closing entries and the accounting cycle for 2018. The business is now ready to record January 2019 transactions.

Jan. 3	Collected $200 cash from customer on account.
5	Purchased office supplies on account, $1000.
12	Performed delivery services for a customer and received $3000 cash.
15	Paid employee salary, including the amount owed on December 31, $4,100.
18	Performed delivery services on account, $ 1,350.
20	Paid $300 on account.
24	Purchased fuel for the truck, paying $200 cash.
27	Completed the remaining work due for Unearned Revenue.
28	Paid office rent, $2,200, for the month of January.
30	Collected $3,000 in advance for delivery service to be performed later.
31	Murphy withdrew cash of $1,500.

Record each January transaction in the journal. Explanations are not required.

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Chapter 4, Problem 1.9CP

Chapter 4, Problem 2.2CP

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Chapter 4 Solutions

Horngren's Accounting, Student Value Edition (12th Edition)

Ch. 4 - Assets are listed on the balance sheet in the...Ch. 4 - Which of the following accounts would be included...Ch. 4 - Which situation indicates a net loss within the...Ch. 4 - Which of the following accounts is not closed?...Ch. 4 - What do closing entries accomplish? Learning...Ch. 4 - Which of the following is not a closing entry?...Ch. 4 - Which of the following accounts may appear on a...Ch. 4 - 8. Which of the following steps of the accounting...Ch. 4 - Clean Water Softener Systems has Cash of $600,...Ch. 4 - Which of the following statements concerning...

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