Here is the ledger for Kriscoe Co. Instructions (a) Reproduce the journal entries for only the transactions
Question:
Instructions
(a) Reproduce the journal entries for only the transactions that occurred on October 1, 10, and 20, and provide explanation for each.
(b) Prepare a trial balance at October 31, 2017.
Transcribed Image Text:
Common Stock Oct. 7,000 Oct. 4 Oct. 7,000 25 2,000 980 10 8,000 700 25 2,000 10 12 1,500 31 Accounts Receivable Dividends Oct. 6 800 Oct. 20 920 700 Oct. 30 Service Revenue Oct. 4 00 Oct. 31 Oct. 6 10 20 180 920 quipment Salaries and Wages Oct. 3 3,000 Oct. 31 Notes Payable Supplies Expense Oct. 10 8,000 Oct. 31 180T Oct. 12 ,500Oct. 3 3,000 Oct. 15 250
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a Oct 1 Cash 7000 Common Stock 7000 Issued stock for cash 10 Cash 980 Service Rev...View the full answer
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Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118096895
6th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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