On May 15, 201X, Orange Company prepared voucher no. 91 to record the purchase of equipment for $930. On May 18, Orange Company decided to pay $930 in two equal installments. (Voucher nos. 92 and 93 were prepared.) Prepare the appropriate journal entries in general journal form for May 15 and 18.
Answer to relevant QuestionsWatts Company records invoices at gross in its voucher system. From the following transactions, (a) Record in general journal form the appropriate entries at gross (b) Record the entries as if Watts Company recorded invoices ...Gordon Company records invoices at gross in its voucher system. From the following transaction, (a) Record in general journal form the appropriate entries at gross (b) Record the entries as if Gordon Company recorded ...Joy Corporation has been using a voucher system for several years and records invoices at gross. Prepare entries in the voucher register and check register for the following transactions:201XSept. 1 Purchased merchandise ...Complete the assignment of fire insurance to eachdepartment.From the following data, prepare in proper form an income statement showing departmental gross profit (assume a 30% tax rate) for Accelerated Stop for the year ended December 31, 201X.Cash ...
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