Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 > Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals, and other institutions. The following transactions are typical of those that occurred in a recent year, but the amounts are simplified a. Borrowed $83.500 from a bank, signing a short-term note payable. b. Provided $106.200 in service to customers, with $100,000 on account and the rest received in cash. c Purchased equipment for $189.000 in cash. d Incurred and paid employee wages of $1.800. e Received $890 on account from a customer Incurred and paid $5,800 cash for travel costs during the year. g Paid $7.400 cash on accounts payable. Incurred $28,200 in utility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Required: 1. For each of the above transactions, prepare accrual basis journal entries 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Journal entry worksheet 2 Transaction 3 Note: Enter debits before credits Record entry 4 5 Borrowed $83,500 from a bank, signing a short-term note payable. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Required A Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet A 2 < 3 Nuter les before credits Transaction b Record entry 4 5 Provided $106,200 in service to customers, with $100,000 on account and the rest received in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credid View general journal Required 2 > > Print For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account feld.) Required View transaction list Journal entry worksheet < 1 2 Transaction 6 3 some true. Record entry 4 5 Purchased equipment for $189,000 in cash. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Note: Enter debts before trests. Record entry 4 5 Incurred and paid employee wages of $1,800. Record the transaction. General Journal 6 Clear entry 7 H 8 Debit Credit View general journal Required 2 > > References For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Note: Enter debits before credits. Transaction 3 B Record entry 4 5 Received $890 on account from a customer. Record the transaction. General Journal 6 Clear entry 7 8 HANE Debit Credit View general journal Required 2 > Prit References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 Transaction 3 Nie Erdebi beton credo Record entry 4 5 Incurred and paid $5,800 cash for travel costs during the year. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > > Print 9 References Required 1 Required 2 For each of the above transactions, prepare accrual basis journal entries. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet < 1 2 3 Note Enterdidits before credits Transaction 9 Recond entry 4 5 Paid $7,400 cash on accounts payable. Record the transaction. General Journal 6 Clear entry 7 8 Debi Credit View general journal Required 2 > > References View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits Transaction h Record entry 4 5 Incurred $28,200 in ubility expenses during the year, of which $21,400 was paid in cash and the rest owed on account. Record the transaction. General Journal 6 Clear entry 7 8 Debit Credit View general journal Required 2 > O References 2. Calculate the company's preliminary net income. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the company's preliminary net income. Preliminary Net Income < Required 1 |Resored 2 >