Question

In: Accounting

Dec. 1 Daniel Nica invested $82,000 cash, a $7,000 computer equipment, and $11,000 of office equipment...

Dec. 1

Daniel Nica invested $82,000 cash, a $7,000 computer equipment, and

$11,000 of office equipment in the business.

2

Paid three months of rent in cash in advance; $9,000.

3

Purchased computer supplies on credit for $2,000 from Compute depot Supplies.

6

Billed Maher Electric $9,300 for installing a new computer system.

7

Reimbursed Daniel Nica's business automobile expense for 1,000

kilometres at $1.80 per kilometre.

12

Billed Maher Electric another $15,000 for computer services rendered.

15

Received $6,300 from Maher Electric on its account.

17

Paid $400 in cash to repair equipment damaged when moving into the

new office.

20

Paid $1,500 in cash for an advertisement in the local newspaper.

22

Received the balance owing from Maher Electric on its account.

28

Billed Five Acre Resort $4,600 for services.

31

Paid subcontractorLeaghO'keefe for five days' work; total amount $2,000

prepare general ledger

Solutions

Expert Solution


ekkarill92 answered 2 years ago
Next > < Previous

Related Solutions

Dec. 1 Daniel Nica invested $82,000 cash, a $7,000 computer equipment, and $11,000 of office equipment...
Dec. 1 Daniel Nica invested $82,000 cash, a $7,000 computer equipment, and $11,000 of office equipment in the business. 2 Paid three months of rent in cash in advance; $9,000. 3 Purchased computer supplies on credit for $2,000 from Compute depot Supplies. 6 Billed Maher Electric $9,300 for installing a new computer system. 7 Reimbursed Daniel Nica's business automobile expense for 1,000 kilometres at $1.80 per kilometre. 12 Billed Maher Electric another $15,000 for computer services rendered. 15 Received $6,300...
Jenna Aracel, the owner, invested $180,000 cash, office equipment with a value of $7,000, and $70,000...
Jenna Aracel, the owner, invested $180,000 cash, office equipment with a value of $7,000, and $70,000 of drafting equipment to launch the company. The company purchased land worth $55,000 for an office by paying $7,100 cash and signing a long-term note payable for $47,900. The company purchased a portable building with $55,000 cash and moved it onto the land acquired in b. The company paid $4,300 cash for the premium on an 18-month insurance policy. The company completed and delivered...
Oct.  1 Aster Turane invested $49,000 cash, a $18,000 computer system, and $17,000 of office equipment in...
Oct.  1 Aster Turane invested $49,000 cash, a $18,000 computer system, and $17,000 of office equipment in the business. 2 Paid six months of rent in advance; $9,000. 3 Purchased computer supplies on credit for $1,975 from Triple-One Supplies. 5 Paid $24,000 cash for one year's premium on a property and liability insurance policy. 6 Billed Norton Electric $11,300 for installing a new computer system. 8 Paid for the computer supplies purchased from Triple-One Supplies. 10 Hired Donald Gee as a...
October 1. S.Erickson invested $50,000 cash, a $16,000 pool equipment, and $12,000 of office equipment in...
October 1. S.Erickson invested $50,000 cash, a $16,000 pool equipment, and $12,000 of office equipment in the company. 2. The company paid $4,000 cash for five months’ rent. 3. The company purchased $1,620 of office supplies on credit from Todd’s Office Products. 5. The company paid $4,220 cash for one year’s premium on a property and liability insurance policy. 6. The company billed Deep End Co $4,800 for services performed in installing a new pool 8. The company paid $1,...
May 1 Jill Wahpoosywan invested $85,000 in cash and office equipment that had a fair value...
May 1 Jill Wahpoosywan invested $85,000 in cash and office equipment that had a fair value of $58,000 in the business. 1 Prepaid $17,400 cash for three months’ rent for an office. 2 Made credit purchases of office equipment for $29,000 and office supplies for $5,800. 6 Completed services for a client and immediately received $9,000 cash. 9 Completed a $17,000 project for the Chicago Blackhawks who will pay within 30 days. 10 Paid half of the account payable created...
May 1 Jill Wahpoosywan invested $85,000 in cash and office equipment that had a fair value...
May 1 Jill Wahpoosywan invested $85,000 in cash and office equipment that had a fair value of $58,000 in the business. 1 Prepaid $17,400 cash for three months’ rent for an office. 2 Made credit purchases of office equipment for $29,000 and office supplies for $5,800. 6 Completed services for a client and immediately received $9,000 cash. 9 Completed a $17,000 project for the Chicago Blackhawks who will pay within 30 days. 10 Paid half of the account payable created...
Sep. 1 Strods invested $144,000 cash along with office equipment valued at $27,800 in a new...
Sep. 1 Strods invested $144,000 cash along with office equipment valued at $27,800 in a new sole proprietorship named AS Consulting. Sep. 3 The company purchased land valued at $40,000 and a building valued at $162,800. The purchase is paid with $32,800 cash and a long-term note payable for $170,000. Sep. 5 The company purchased $4,800 of office supplies on credit. Sep. 7 Strods invested a personal automobile in the company. The automobile has a value of $22,100 and is...
record the following journal entries. 1) Jerry invested cash of $28,000, computer equipment of $8,200 and...
record the following journal entries. 1) Jerry invested cash of $28,000, computer equipment of $8,200 and a vehicle valued at $28,000 in the business in exchange for common stock. 2) The company paid a security deposit of 1,000 to rent an office. The security deposit will be returned at the end of the lease if no damage occurs to the property. 3) The company paid a total of $3,600 rent for October, November and December. 4) The company purchased state...
April 1 Nozomi invested $37,000 cash and computer equipment worth $25,000 in the company in exchange...
April 1 Nozomi invested $37,000 cash and computer equipment worth $25,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $2,000 cash for the first month’s (April) rent. 3 The company purchased $1,300 of office supplies for cash. 10 The company paid $2,500 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. 14 The company paid $1,800 cash for two weeks' salaries earned by employees. 24 The...
October 1. S. Erickson invested $5 0,000 cash, a $16,000 pool equipment, and $12,000 of office...
October 1. S. Erickson invested $5 0,000 cash, a $16,000 pool equipment, and $12,000 of office equipment in the company. 2. The company paid $4,000 cash for five months’ rent. 3. The company purchased $1,620 of office supplies on credit from Todd’s Office Products. 5. The company paid $4,220 cash for one year’s premium on a property and liability insurance policy. 6. The company billed Deep End Co $4,800 for services performed in installing a new pool 8. The company...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT