Presented below is the ledger for Swifty Co. 10/1 10/10 10/10- 10/20 10/25 10/6 10/20 10/4...
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Presented below is the ledger for Swifty Co. 10/1 10/10 10/10- 10/20 10/25 10/6 10/20 10/4 10/3 Cash 2,800 10/4 500 10/12 4.400 10/15 600 10/30 2,100 10/31 Accounts Receivable 700 10/20 600 Supplies 500 Equipment 3,200 Notes Payable 10/10 No. 101 500 1.100 300 500 600 No. 112 600 No. 126 No. 157 No. 200 4,400 10/12 10/30 10/31 10/15 Accounts Payable 1,100 10/3 Owner's Capital 500 Owner's Drawings 10/1 10/25 Service Revenue 600 300 10/6 10/10 10/20 Rent Expense No. 201 3,200 No. 301 2,800 2,100 No. 306 No. 400 700 Salaries and Wages Expense No. 726 500 600 No. 729 (a) Reproduce the journal entries for the transactions that occurred on October 1, 10, and 20. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Date (Owner's investment of cash in business). (Receive cash for services performed) (Obtain loan from bank) Debit Credit (Receive cash in payment of account) (Dil clients for services performed) eTextbook and Media List of Accounts Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Presented below is the ledger for Swifty Co. 10/1 10/10 10/10- 10/20 10/25 10/6 10/20 10/4 10/3 Cash 2,800 10/4 500 10/12 4.400 10/15 600 10/30 2,100 10/31 Accounts Receivable 700 10/20 600 Supplies 500 Equipment 3,200 Notes Payable 10/10 No. 101 500 1.100 300 500 600 No. 112 600 No. 126 No. 157 No. 200 4,400 10/12 10/30 10/31 10/15 Accounts Payable 1,100 10/3 Owner's Capital 500 Owner's Drawings 10/1 10/25 Service Revenue 600 300 10/6 10/10 10/20 Rent Expense No. 201 3,200 No. 301 2,800 2,100 No. 306 No. 400 700 Salaries and Wages Expense No. 726 500 600 No. 729 (a) Reproduce the journal entries for the transactions that occurred on October 1, 10, and 20. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Date (Owner's investment of cash in business). (Receive cash for services performed) (Obtain loan from bank) Debit Credit (Receive cash in payment of account) (Dil clients for services performed) eTextbook and Media List of Accounts Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above.
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Answer Answer Required journal entries Date Accounts title Debit Credit 01Oct Cash ... View the full answer
Related Book For
Financial Accounting
ISBN: 978-1118978085
IFRS 3rd edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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