Your company paid rent of $1,000 for the month with check number 1245. Which journal would the

Question:

Your company paid rent of $1,000 for the month with check number 1245. Which journal would the company use to record this?
A. Sales journal
B. Purchases journal
C. Cash receipts journal
D. Cash disbursements journal
E. General journal

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

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

See More Books

Question Posted: Aug 11, 2022 11:13 PM

See More Questions

Sold goods for $650 cash. Which journal would the company use to record this transaction? A. Sales journal B. Purchases journal C. Cash receipts journal D. Cash disbursements journal E. General...
General Journal Transactions Dec. 01 Paid cash for months rent, $1,200.00; Check No. 3829. 01 Paid cash for monthly telephone bill, $237.73; Check No. 3830. 02 Paid cash for delivery charges, $42.00;...
General Journal Transactions Dec. 01 Paid cash for months rent, $1,200.00; Check No. 3829. 01 Paid cash for monthly telephone bill, $237.73; Check No. 3830. 02 Paid cash for delivery charges, $42.00;...
A $250 suit is on sale for $190, and a $90 pair of shoes is on sale for $65. Find the average percent decrease in price for the 2 items.
How can enterprisers use ratio analysis to evaluate the firms financial performance?
What are some problems that companies have encountered in using the balanced scorecard?
Donating Blood to Grandma? Can young blood help old brains? Several studies in mice indicate that it might. In the studies, old mice (equivalent to about a 70-year-old person) were randomly assigned...
At December 31, MediSharp Precision Instruments owes $50,000 on accounts payable, salary payable of $16,000, and income tax payable of $8,000. MediSharp also has $280,000 of bonds payable that were...
The following alphabetical list of selected accounts taken from the general ledger of Mayne Corporation identify the accounts that are part of shareholders' equity as of December 3 1 , Year 2 :...
A. Ray and Maria Gomez have been married for 3 years. Ray is a propane salesman for Palm Oil Corporation and Maria works as a city clerk for the City of McAllen. Rays birthdate is February 21, 1990...
Which amounts do we post daily and which do we post monthly?
Why are special journals used?
The following financial statement information is known about five unrelated companies: Required 1. Answer the following questions about Company A: a. What was the equity on December 31, 2013? b. What...
When should a consumer market be segmented geographically?
The main categories of cash flow activities on the statement of cash flows are a. direct and indirect. b. current and long-term. c. non-cash investing and financing. d. operating, investing, and...
What are the main drawbacks of questionnaires?
Which part of the AIDA model does personal selling best achieve?
How does customary pricing benefit the supplier?
Describe the total quality management philosophy. Choose a company and discuss how its quality culture fits this theme.
Solve each problem. Find the coordinates of the points of intersection of the line y = 2 and the circle with center at (4, 5) and radius 4.
Classify and describe the management, organization, and technology issues the project had to address in order to implement the new system successfully. How did the project team deal with these issues?
Describe the composition of the project team. How important was this? Why?
Why do you think the implementation of Snohomish PUD's new human resource system was successful? Explain your answer.
David and Lilly Fernandez have determined their tax liability on their joint tax return to be $ 3 , 1 0 0 . They have made prepayments of $ 1 , 8 6 5 and also have a child tax credit of $ 2 , 0 0 0 ....
Courtney operates a souvenir gift shop in Ontario. Her business is registered for the Quick Method of calculating ITCs. Her HST - taxable sales were $ 1 8 5 , 0 0 0 for the year. HST - taxable...
Z Incorporation acquired significant influence over Y Company by purchasing 1 0 0 percent of the common stock of the Y Incorporation for $ 1 0 0 , 0 0 0 ; Y earns income of $ 5 0 , 0 0 0 and pays...

Your company paid rent of $1,000 for the month with check number 1245. Which journal would the

Question:

Step by Step Answer:

Answer will be option B C...View the full answer

Principles Of Accounting Volume 1 Financial Accounting

Students also viewed these Business questions