Cintu is a large marketer and distributor of food service products serving restaurants, hotels, schools, hospitals,...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
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 > 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 >
Expert Answer:
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
Posted Date:
Students also viewed these accounting questions
-
The following transactions are for Pickard Construction Company: a. The firm bought equipment for $64,000 on credit. b. The firm purchased land for $450,000, $160,000 of which was paid in cash and a...
-
The following activities and transactions are typical of those that may affect the various funds used by a typical municipal government. Required: Prepare journal entries to record each transaction...
-
The following activities and transactions are typical of those that may affect the various funds used by a typical municipal government. Required: Prepare journal entries to record each transaction...
-
Revonce Company sells merchandise on a consignment basis to dealers .The selling price of the merchandise averages 25% above cost. The dealer is paid a 10% commission of the sales price for all sales...
-
Why should the employees supervisor not distribute paychecks?
-
Write each expression in the standard form a + bi. -4(2 + 8i)
-
The current advertising campaign for a major soft-drink brand would be changed if less than 30 percent of the consumers like it. a. Formulate the null and alternative hypotheses. b. Discuss the type...
-
Telluride Tours is currently evaluating two mutually exclusive investments. After doing a scenario analysis and applying probabilities to each scenario, it has determined that the investments have...
-
During 2021, Smooth Ride Airlines paid salary expense of $38.3 million. At December 31, 2021, Smooth Ride accrued salary expense of $2.2 million. Smooth Ride then paid $2.9 million to its employees...
-
Prepare a worksheet for Altuve Co. from the following trial balance (Figure 11.9) and additional data. Additional Data A. Inventory physical count, $13 B. Store supplies on hand, $4 C. Depreciation...
-
What changes, if any, could local communities make with regards to the form or levels of taxation that would improve the community? What issues are not addressed, or are suffering, through...
-
Cars enter the drive-through of a fast-food restaurant to place an order, and then they proceed to pay for the food and pick up the order. This is an example of a. a multichannel system. b. a...
-
Probability distributions are defined by a certain number of parameters, different for each case. How many of them do characterize normal distributions? a. 1 b. 2 c. 3 d. 4
-
Why are unjustified threats detrimental to the macroeconomic performance of a nation?
-
Suppose the current zero-coupon yield curve for risk-free bonds is as follows: a. What is the price per $100 face value of a three-year, zero-coupon, risk-free bond? b. What is the price per $100...
-
Which components are to be considered in the calling population? a. its size b. its arrival pattern c. the behaviour of the arrivals d. all of the above
-
2. During 2019, a company sells 200 units of inventory for $85 each. The company has the following inventory purchase transactions for 2019:1 Date Jan. 1 May 5 Aug. 4 Nov. 3 Transaction Beginning...
-
1. As a general strategy, would you recommend that Carl take an aggressive approach to capacity expansion or more of a wait-and-see approach? 2. Should Carl go with the option for one facility that...
-
At the beginning of the year, Young Company bought three used machines from Vince, Inc. The machines immediately were overhauled, were installed, and started operating. Because the machines were...
-
Using a web search engine such as Google, find either an earnings or dividend announcement for two different companies. Using a source such as bigcharts. com, determine the closing stock price for...
-
For each of the following, indicate whether it would be reported on the balance sheet (B/S), reported on the income statement (I/S), or not shown in the companys financial statements (Not). _____ a....
-
If a politician running for office does not speak in general terms, does not try to move to the middle of the political spectrum, and does not take polls, is the median voter model therefore wrong?
-
Voters often criticize politicians running for office who do not speak in specific terms (i.e., who do not specify which spending programs will be cut, whose taxes will be raised, etc.). If voters...
-
Why is rent-seeking activity socially wasteful?
Study smarter with the SolutionInn App