After operating for several months, architect Donovan Freeman completed the following transactions during the latter part of
Question:
After operating for several months, architect Donovan Freeman completed the following transactions during the latter part of July:
Journalize the transactions of Donovan Freeman, Architect. Include an explanation with each journal entry.
Transcribed Image Text:
Borrowed $64,000 from the bank, signing a note payable. Jul 15 Performed services on account for clients totaling $17,300. 28 Received $16,000 cash on account from clients. 29 Received and paid a utility bill of $1,800. Paid monthly salaries of $10,000 to employees. 22 31
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
Journal DATE ACCOUNT TITLES AND EXPLANATION DEBIT CREDIT July 15 Cash 64000 Not...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 Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
Question Posted:
Students also viewed these Business questions
-
After operating for several months, architect Gwen Markum completed the following transactions during the latter part of July: Jul 15 Borrowed $34,000 from the bank, signing a note payable. 22...
-
After operating for several months, architect Edmund Roberge completed the following transactions during the latter part of March: Journalize the transactions of Edmund Roberge, Architect. Include an...
-
After operating for several months, architect Zach Talbot completed the following transactions during the latter part of October: Oct 15 Borrowed $64,000 from the bank, signing a note payable. 22...
-
Scranton Refrigeration Corporation began operations at the beginning of the current year. One of the companys products, a compressor, sells for $370 per unit. Information related to the current years...
-
Show that a square matrix A is invertible if and only if it can be left-cancelled: AB = AC implies B = C.
-
Use to evaluate each definite integral without using the Fundamental Theorem of Calculus. (a) (b) (c) (d) 4 x dx = 32 5
-
In 2015, the city of San Francisco enacted an ordinance that required health warnings on advertisements for certain sugar-sweetened beverages (SSBs) that read: WARNING: Drinking beverages with added...
-
Myrtle Air Express decided to offer direct service from Cleveland to Myrtle Beach. Management must decide between a full-price service using the companys new fleet of jet aircraft and a discount...
-
__________ are expenses that can be subtracted from total income in order to calculate tax liability. They may include child care expenses and union dues. deductions debentures tax credits dividends...
-
Campus Theater adjusts its accounts every month. The companys unadjusted trial balance dated August 31, 2015, is on page 176. Additional information is provided for use in preparing the companys...
-
Baer, MD, opened a medical practice. The business completed the following transactions: After these transactions, how much cash does the business have to work with? Use a T-account to show your...
-
Orman Consulting performed services for a client who could not pay immediately. Orman expected to collect the $4,600 the following month. A month later, Orman received $2,100 cash from the client. 1....
-
Calculate the pH and pOH of (a) A solution that is 0.50 m NaHSO 4 (aq) and 0.25 m Na 2 SO 4 (aq); (b) A solution that is 0.50 m NaHSO 4 (aq) and 0.10 m Na 2 SO 4 (aq); (c) A solution that is 0.50 m...
-
Under what circumstances can PEO charge someone with negligent misrepresentation?
-
The USSshaw was damaged, but not destroyed, at Pearl Harbor. After repairs, she participated in convoy missions throughout the war and was decommissioned in 1945. As the international outlook in...
-
Sarah is an audit senior with Childs, Maxwell and Weaver, LLP. Sarah specializes in auditing loan loss reserve for financial institution clients. This current year she has noticed that two of her...
-
On December 1, 20x1, Malicious Corp, a cash method basis taxpayer, purchases a small older building for $500,000. Shortly after the purchase, Malicious discovered the wood in the building is infested...
-
A projectile is fired with an initial speed of vo = 6 0 m / s at = 3 0 o above the horizontal, as shown below. what is the maximum range ( R ) moved by the projectile along the x - axis. Vosing 60...
-
Yong's tax return was audited because he calculated his tax liability incorrectly. What IRS audit procedure identified his tax return for audit?
-
Two mutually exclusive investment alternatives are being considered. Alternative A requires an initial investment of $20,000 in a machine. Annual operating and maintenance costs are anticipated to be...
-
Rearrange the following steps in the accounting cycle in proper sequence: a. An unadjusted trial balance is prepared. b. Transactions are posted to the ledger. c. Transactions are analyzed and...
-
What are the major advantages of the use of special journals?
-
What are the major advantages of the use of special journals?
-
Ron owns 6 % of USAco, a U . S . corporation. Ron is a nonresident alien. USAco pays Ron a $ 1 , 2 0 0 dividend during the current year. Ron also purchases an unassignable bond issued by USAco, and...
-
Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a...
-
Dora Johari started her transport business on 1 July 2015. She purchased the following vehicles on the same day: Pickup at Sh.4,500,000. Lorry at Sh.6,000,000. Lorry at Sh.15,000,000. KZ 414A KB...
Study smarter with the SolutionInn App