Purchased supplies for cash $1 100
WebPrepare General Journal entries to record the following August 2014 transactions of a new business called The Pixel Shop. Aug. 1 Joseph Eetok, the owner, inv... WebView full document. See Page 1. (1) Issued stock to investors for $20,000 in cash. (2) Purchased supplies on credit for $700. (3) Billed customers $1,000 for services provided. (4) Paid for supplies purchased in transaction 2.(5) Paid dividends of $300 cash to stockholders. (6) Received half from customers billed in transaction 3.(7) Received ...
Purchased supplies for cash $1 100
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WebOn April 1, it established a petty cash fund in the amount of $200. A summary of the petty cash expenditures made by the petty cash custodian as of April 10 is as follows. Delivery charges paid on merchandise purchased $ Supplies purchased and used 25 Postage expense 40 I.O. from employees 17 Miscellaneous expense 36 WebFor example, on March 18, 2024, the company ABC purchases $ 1,000 of office supplies by paying with cash immediately. In this case, the company ABC can make the journal entry …
WebOct 2, 2024 · Create a T-account for Supplies, post any entries that affect the account, and tally ending balance for the account (assume Supplies beginning balance of $6,550). January 26, purchased additional supplies for cash, $9,500; December 31, actual count of supplies, $8,500; PB11. LO 4.3Prepare journal entries to record the following transactions. WebIssued a cheque in payment. (For no, when office supplies are purchased, debit Office Supplies instead of an expense account. 2. Issued a cheque for $50 for an advertisement in a local newspaper. 3. Received a bill from Office Supply Company for a desk, a chair, and a filing cabinet at a total cost of $1 100 on account. 4.
WebQuestion 1 to 10 Answers. A retailer purchased its inventories at $100 per unit. The import duties was $7 per unit. The transportation costs was $1 per unit. The retailer purchased … WebMay 28, 2024 · This can of Del Monte Traditional Pasta Sauce can be had for under $2 and should be enough for 8 servings. That’s less than half what we would pay for the cheapest …
WebThe new accounting equation would be: Assets $30,200 (Cash $13,900 + Supplies $500 + Prepaid Rent $1,800 + Equipment $5,500 + Truck $8,500) = Liabilities $200 + Equity $30,000. 7. Selling services for cash. During the month of February, Metro Corporation earned a total of $50,000 in revenue from clients who paid cash.
Webc) Purchased office supplies for cash, $2,225 d) Paid insurance premiums, $1,500 e) Purchased office equipment on account, $10,000 f) Received cash for services completed, $3,800 g) Received an invoice for utilities, $475 h) Billed customers for services completed, $1,800 i) Received cash from customers on account, $900 j) Paid $4,200 on account container with personalized recipeWebJul 23, 2015 · Paid Cash for Supplies Journal Entry Example. For example, suppose a business purchases supplies such as paper towels, cleaning products and other … effects of climate change on farmersWebLimit 1 per person. May be repurchased every 30 days. Limit 1 per visit. Consultation required; non-candidates and other refund requests will be honored before service provided. Appointment required, contact by phone at (517) 918-8088 . Merchant is solely responsible to purchasers for the care and quality of the advertised goods and services. container with rackingWebJul 25, 2024 · Purchased $500 of sewing supplies. She paid cash for the purchase. Purchased a sewing machine for $1,500 paying $200 cash and signing a note for the balance. Finished a job for a customer earning $180. The customer paid cash. Received a $500 down payment to make a wedding dress. Received an electric bill for $125 which is … effects of climate change on communityWebIn Singapore, you can buy a unique souvenir, namely real orchids plated in 24K gold. Other than jewelry you can buy things like card holders, brooches, and picture frames. It truly is … effects of climate change on floodingWebThe exchange value has been added to your online wallet. Repeat these steps for any other notes and coins you want to exchange. Complete checkout and get paid within 5 days of … effects of climate change on flora and faunaWebMar 26, 2024 · About 1 million eligible NSmen from the Singapore Armed Forces ... All NSFs to get extra S$1,000 in cash after ORD, NSmen to get monthly base pay of S$1,600 … effects of climate change on penguins