On October 15, 201X, Austin Company prepared a voucher no. 88 to record the purchase of equipment for $860. On October 18, Austin Company decided to pay $860 in two equal installments. (Voucher nos. 89 and 90 were prepared.) Prepare the appropriate journal entries in general journal form for October 15 and 18.
Answer to relevant QuestionsGordon 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 ...Farah Company uses a voucher system. Record the following transactions in the voucher register:201XJune 8 Purchased office equipment from Taima Corporation, $700; voucher no. 300 was prepared.12 Established a petty cash fund ...From the following, calculate departmental income before tax. Assume a tax rate of30%.Complete the assignment of fire insurance expense to eachdepartment.Given the following information about the clothing and hardware departments of Kenyon Company, prepare a departmental expense allocation sheet showing expenses bydepartment:
Post your question