Suppose your name is Thomas Sell, and Best Automotive repaired your car. You settled the bill as
Question:
Requirements
1. Journalize your repair expense transaction.
2. Journalize Best Automotives service revenuetransaction.
Transcribed Image Text:
BEST AUTOMOTIVE Repair Order #008791 157 LLOYD STREET Date: 10/20/2011 ST. PAUL, MN 55101 (612) 852-4680 Page: 1 Center: 1 Customer: Thomas Sel Vehicle: 2004 Nssan Pathfinder License: MH23THE VIN: WSIDWDU845978 2390 St Crox Drive Address: City: st. Paul, MN 55103 Phone 1: (612) 846-2550 Mileage: 51481 Parte Subtatal Op Tech Quan Description Labor Reasen fer Replacement Recommendation Part Number Part Deseriotlan Price: Recommendation Recommendation PAID OCT 20 2011 BY chect Labor: $182,00 Parts: $325.50 I hereby authorze the reparwork to be done along wth the necessary parts and materlals and hereby grant you and/or your employees permission to operate the vehicle hereln described on streets, highways or elsewnere, at your discretion, for the purpose of testing and/or inspection. An express mechanics llen is hereby acknowledged on the above vehicle to secure the amount of repairs thereto. I understand that dealer/owner is not responsible for delay or other consequence due to the unavaliablity of parts shipments beyond their control. Not responsible Sublet: $0.00 Other fees: $0,00 Shop Supplies: $18.40 Subtotal: $535,90 Sales Tax: $37.51 Paid By: Total: $57341 for damage or articles let in car in case of fre, theft or any other cause beyond Pay Ret: our control. Paid: $0.00 WARRANTY IS 12 MONTHS OR 12,000 MILES, WHICH EVER COMES FIRST Due: $573,41
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (19 reviews)
Req 1 Thomas Sells transaction Journal DATE ACCOUNTS AND EXPL...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
Question Posted:
Students also viewed these Accounting questions
-
Suppose your name is Joe Smith. Would you have any legal problem naming your restaurant Smith's?
-
Suppose that you want to sell your car to one of several people and that you decide to auction it off. You are curious to know the highest price that each of the potential buyers would be willing to...
-
Thomas Sales Company (organized as a corporation on April 1, 2009) has completed the accounting cycle for the second year, ended March 31, 2011. Thomas also has completed a correct trial balance as...
-
The two key principles that form the foundation for an ethical sales presentation are OA) the approach and the close B) setting up the appointment and completing the application C) uncovering needs...
-
TAC Industries Inc. sells heavy equipment to large corporations and federal, state, and local governments. Corporate sales are the result of a competitive bidding process, where TAC competes against...
-
A production run of ball bearings is supposed to have a mean diameter of 2.5000 centimeters (cm). An inspector chooses 100 bearings at random from the run. These bearings have mean diameter 2.5009 cm.
-
True or False: Faulty poured aluminum bars are easily found during static testing.
-
Joshua Richards and Taylor Clark formed a limited liability company with an operating agreement that provided a salary allowance of $60,000 and $50,000 to each member, respectively. In addition, the...
-
Explain some of the limitations placed on these rights by citing at least three instances where this has happened. This means finding three cases where the Bill of Rights protections have been...
-
At the end of 2022, the following information is available for Great Adventures. Additional interest for five months needs to be accrued on the $30,000, 6% loan obtained on August 1, 2021. Recall...
-
In December, 2012, the first five transactions of Adams Lawn Care Corporation have been posted to the accounts as follows: Requirements 1. Prepare the journal entries that served as the sources for...
-
The following transactions occurred during the month for Teresa Parker, CPA, P.C.: a. Parker opened an accounting firm by investing $14,100 cash and office furniture valued at $5,200. The business...
-
The Ramshead Pub sells a large quantity of beer every Saturday. From past sales records, the pub has determined the following probabilities for sales: Barrels ..... Probability 6 ........... 0.10 7...
-
Describe a few differences between children's temperaments in different cultures and why those temperaments might benefit them in their environments. What factors influence?
-
Assume when completing step 10 you entered -1000 because the bank account is being reduced by a payment. Note the error message at the bottom of the screen after selecting enter. What kind of...
-
You operate a financial planning business out of your primary dwelling. You frequently conduct business out from your "home" office based in your primary dwelling and invite clients to meet there...
-
The interest rate is 10% but the government offers you a subsidized perpetual loan for $1M at 5%. In other words, you get the $1M today and, in return, you pay the government $50,000 a year forever...
-
How your MUTED GROUP THEORY is demonstrated by the movie Legally Blonde . Make a thesis statement based on that premise.
-
Warren Eisenberg and Leonard Feinstein launched Bed n Bath in 1971 with one small linens store in New York and another in New Jersey. The firm expanded into two other states California and...
-
Doorharmony Company makes doorbells. It has a weighted- average cost of capital of 5% and total assets of $ 5,900,000. Doorharmony has current liabilities of $ 750,000. Its operating income for the...
-
Given that 37.5 mL of 0.100 M aluminum bromide solution reacts with a silver nitrate solution, what is the mass of AgBr (187.77 g/mol) produced? The balanced equation is AlBr 3 (aq) + 3 AgNO 3 (aq) S...
-
The Eatery is a restaurant in DeKalb, Illinois. It specializes in deluxe sandwiches in a moderate price range. Michael Raye, the manager of The Eatery, has determined that during the last 2 years the...
-
The following variable costing income statements are available for Lyte Company and Darke Company. Instructions (a) Compute the break-even point in dollars and the margin of safety ratio for each...
-
Peaches and Cream Corporation manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a commission of 16.25% of sales. The income statement for the year...
-
Explain the concept of "userland" and "kernel space" in operating system architecture, and discuss how context switching between these two realms affects system efficiency and security.
-
If current assets are $ 50,000, total essets $400,000, current liabilities $20,000, total liabilities 100,000 and revertues $1000,000. The total Non- current liabilities is ?
-
You're trying to choose between two different investments, both of which have up-front costs of $61,000. Investment G returns $121,000 in seven years. Investment H returns $181,000 in 11 years....
Study smarter with the SolutionInn App