Journal entry to record the transacation-debit equipment
A restaurant purchased an ice machine for $4,000 paying $1,000 in cash with the balance carried on account. The journal entry to record this transacation is debit equipment $ 4,000, credit cash $1,000 and credit accounts payable $3,000
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Assuming the City maintains its books and records in a manner that facilitates the preparation of the fund financial statements, prepare journal entries, in the Capital Projects Fund, for the following transactions.
The balance of the projected benefit obligation at December 31, 2008 is
A company issues $50 million of bonds at par on January 1, 2009. The bonds pay 10% interest semi-annually on 12/31 and 6/30 and mature in 20 years. The journal entry when the bonds are sold is what?
Create a pivot table in Microsoft® Excel using the general ledger inventory data located on the Kudler Fine Foods intranet.
Garcia Company began 2010 with net assets of $80000. Net income calculated by using the capital maintenance concept was $21000. During 2010 owners contributed $26000 of new capital. By year-end, the net assets totaled $78000. Dividends to the owne
Mitchell Company was authorized to issue 50,000 shares of common stock. The company issued 27,000 shares of stock and later purchased 5,000 shares of treasury stock. what is total outstanding common stock?
On this date the company concludes that the equipment has a remaining useful life of only 2 years with the same salvage value. Compute the revised annual depreciation.
Prepare the journal entries to record (1) the application of factory overhead to production during July and (2) the jobs completed during July.
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