R Pessotto sold a truck (motor vehicle) to J Aitkens for $5720 ($5200 + $520 GST) who

Question:

R Pessotto sold a truck (motor vehicle) to J Aitkens for $5720 ($5200 + $520 GST) who paid with a direct deposit into the bank account. Prepare the journal for R Pessotto.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting An Introduction To Principles And Practice

ISBN: 9780170403832

9th Edition

Authors: Edward A. Clarke, Michael Wilson

See More Books

Question Posted: Feb 23, 2024 03:01 PM

See More Questions

Using the information of William Dumbrell at the end of January 2022 (shown in figure 6.94) and the transactions for February: enter the appropriate journal abbreviation next to each transaction ...
Bob's Building, LLC (hereinafter "BB") is a company that provides training and supplies to general contractors and other individuals in the building industry. BB began its operations in 2015. The...
Question Description Bob's Building, LLC (hereinafter "BB") is a company that provides training and supplies to general contractors and other individuals in the building industry. BB began its...
Football Comm LLC is a manufacturer of devices for football coaches and their coaching staffs that enable them to quickly and effectively communicate with one another during a game through a wireless...
(a) The holder can choose whether any caplet is exercised, but there is a limit of N on the total number of caplets that can be exercised. (b) Once the holder chooses to exercise a caplet all...
At what positions is the speed of a simple harmonic oscillator half its maximum? That is, what values of x/X give v = v max /2, where X is the amplitude of the motion?
Consider the data from Example 7.9. In Section 7.7.4 Computation Lab: Nearest Neighbour Propensity Score Matching, marital1982 was included when fitting the propensity score model propmod_nhefs....
Shop Rite Services is ready to prepare its financial statements for the year ended December 31, 2012. The following information can be determined by analyzing the accounts: 1. On August 1, 2012, Shop...
Brendan's unmarried daughter, Nicole, lived with him in his home for the entire year. Brendan is divorced. He owns his own home and pays all of the costs of upkeep for the home. Brendan paid over one...
J Leeson commenced business on 15 April 2022 with $5000 in the bank, GST receivable $350 and a computer valued at $3500. 20 April: Additional funds of $15 000 were injected by J Leeson into the...
Matthews paid $3850 ($3500 + $350 GST) to R Badger for an office desk, cabinet and chair (office furniture). Prepare the journal for S Matthews.
The graph shows the height, in meters, of an eagle in terms of its time, in seconds, in flight. a. Is the eagles height a function of time? Use the graph to explain why or why not. b. On which...
Develop a position paper on why a formal risk management program would be appropriate for your employer and where in the organization the function should be placed for the most effective results. Be...
1) Your task on the first day as an investment manager is to provide a client with an overview of several industries. The available data (Brand value.xlsx) contains the brand value and revenue in...
a) Define and explain the arithmetic and geometric mean, and in what circumstances are they used? b) Define and explain the coefficients of asymmetry (Sknewess) and kurtosis (Kurtosis), and what are...
You bought $1,000 worth of TIPS bonds as a new issue. The coupon on your bond is 1%. After six months, the government reports that the consumer price index rose 6%. What is the amount of the coupon...
Sam urgently needs $30000. He goes to a local finance company who agrees to lend this amount and proposes two payment options. A) Pay $36,000 at the end of the year. B) Pay $3,000 every month for a...
What has been the key to successful local product launches such as Maybellines Wondercurl in Japan?
For the vector whose polar components are (Vr = 1, VÎ¸ = 0), compute in polars all components of the second covariant derivative VÎ±;Î¼;Î½. To find...
During October 2019, Cleo organised a new business, Cleos Cafe. After each October transaction, Cleo prepared a balance sheet, as shown below. Required (a) Describe the nature of each of the four...
Financial data for Safety Hire as of 30 June 2019 is shown below. Required (a) Prepare an income statement for the month of June and a balance sheet in account format for Safety Hire as at 30 June...
Toby and Talea McKellar are the joint owners of Beaut Beach Caravan Park, which is near a swimming beach popular during the summer months. The park provides not only camping facilities for caravans...
An uncharged (neutral) conducting metal rod is hanging vertically from the ceiling. A positively charged rod is brought close to it but never touches it as shown in the diagram. What will the hanging...
Havel and Petra are married and will file a joint tax return. Havel has W-2 income of $39,790, and Petra has W-2 income of $46,227. Use the appropriate Tax Tables and Tax Rate Schedules. Required: a....
1. What is the effect of doubling the object's mass on its angular speed, if everything else stays the same? 2. Since the Earth is rotating at 460 m/s, what keeps us from being flung into space? 3. A...

R Pessotto sold a truck (motor vehicle) to J Aitkens for $5720 ($5200 + $520 GST) who

Question:

Step by Step Answer:

Journal Entry for R Pessotto Truck Sale Date Enter the date of the sale Description Sale of truck m...View the full answer

Accounting An Introduction To Principles And Practice

Students also viewed these Business questions