5 12.5 points ** O HIS Pri References In January, Tango, Incorporated, a branding consultant, had...
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5 12.5 points ** O HIS Pri References In January, Tango, Incorporated, a branding consultant, had the following transactions a Received $12.200 cash for consulting services rendered in January bIssued common stock to investors for $16.000 cash. Purchased $14,400 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years d. Received cash for consulting services to be performed e Bought and received $1,700 of supplies on account. Received unity bill for January for $1.520, due February 15 g. Consulted for customers in January for fees totaling $23,500, due in February Received $13,700 cash for consulting services rendered in December Paid $850 toward supplies purchased in (el Required: Prepare the journal entry for each of the above transactions. (if no entry is required for a transaction event, select "No Journal Entry Required in the first account field.) Views Journal entry worksheet < Note deb 4 Recand entry 5 Received $12,200 cash for consulting services rendered in January. Recend the transaction Der Journal 6 Chary 6 Ched C Vw gal 5 12.5 points ook 4 HOME In January Tongo. Incorporated, a branding consultant, had the following transactions Received $12.200 cash for consulting services rendered in January b Issued common stock to investors for $16.000 cash e Purchased $14,400 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years d Received $9.200 cash for consulting services to be performed in February e Bought and received $1.700 of supplies on account Received utility bill for January for $1.520, due February 15 Consuted for customers in January for fees totaling $23,500 due in February Received $13,700 cash for consulting services rendered in December Paid $850 toward supplies purchased in je Required: Prepare the joumal entry for each of the above transactions of no entry is required for a transaction event, select "No Journal Entry Required in the first account field) View transaction t Journal entry worksheet 2 Issued common stock to investors for $14,000 cash Record the transaction Note: is beschad ndry eneral al Ceny Delal Cha Vegal 5 12.5 points OOK #E HIME Pre theferences In January, Tongo, Incorporated, a branding consultant, had the following transactions a Received $12,200 cash for consulting services rendered in January b. issued common stock to investors for $16,000 cash c Purchased $14.400 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years d Received $9.200 cash for consulting services to be performed in February e. Bought and received $1,700 of suppiles on account. Received utility bill for January for $1,520, due February 15 g. Consulted for customers in January for fees totaling $23,500, due in February A. Received $13,700 cash for consulting services rendered in December Paid $850 toward supplies purchased in (el Required: Prepare the journal entry for each of the above transactions of no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View at Journal entry worksheet Note s Transaction 5 Ronny Purchased $14.400 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. Record the transaction. Genel Jal 6 Cleary 7 8 D Debil Cent View al 4 eBook ✪ Hirt Print frances 520, due February 15 g. Consulted for customers in January for fees totaling $23.500, due in February h. Received $13,700 cash for consulting services rendered in December Paid $850 toward supplies purchased in (e) Required: Prepare the journal entry for each of the above transactions. (If 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 N Enter debts before redis Reward endry 5 Received $3,200 cash for consulting services to be performed in February Record the transaction. General Journal 8 9 Clear entry Dett Credit View general journal HI Prit References Paid $850 toward supplies purchased in (e) Required: Prepare the joumal entry for each of the above transactions. (If 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 4 Note: Enter debts before credits Transaction 5 General Journal 6 Clear entry 7 Bought and received $1,700 of supplies on account. Record the transaction. 8 9 Debit Credit View general journal 500k Hint Print 0 References g. Consulted for customers in January for fees totaling $23,500, due in February. h Received $13,700 cash for consulting services rendered in December Paid $850 toward supplies purchased in (e/ Required: Prepare the journal entry for each of the above transactions. (If 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 e detits before credits Transaction 4 Record entry 5 Received utility bill for January for $1.520. due February 15. Record the transaction. General Journal 7 Clear ndry 8 9 Debit Credit View general journal Print References Required: Prepare the joumal entry for each of the above transactions. (if 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: Enter debits before credit Transaction 9 Record entry 4 5 General Journal 6 Consulted for customers in January for fees totaling $23,500, due in February. Record the transaction. Clear entry 7 8 9 Debit Creat View general journal > Pri References Paid $850 toward supplies purchased in (e). Required: Prepare the journal entry for each of the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account fleld.) View transaction list Journal entry worksheet < 1 2 3 Nota: Enter debits before credit Transaction Record entry 4 5 Received $13.700 cash for consulting services rendered in December, Record the transaction. General Journal 6 Clear entry 7 9 Debit Credit View general journal Print References Jurnal entry for each of the above transactions. (If no entry is required for a transaction/event, select "Ne Required" In the first account field.) View transaction list Journal entry worksheet < 1 2 3 Nate Enter debits before credits. Transaction * Record entry 4 5 6 Paid $850 toward supplies purchased in (e). Record the transaction. General Journal 7 Clear entry 8 Debit 9 Credit View general journal 5 12.5 points ** O HIS Pri References In January, Tango, Incorporated, a branding consultant, had the following transactions a Received $12.200 cash for consulting services rendered in January bIssued common stock to investors for $16.000 cash. Purchased $14,400 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years d. Received cash for consulting services to be performed e Bought and received $1,700 of supplies on account. Received unity bill for January for $1.520, due February 15 g. Consulted for customers in January for fees totaling $23,500, due in February Received $13,700 cash for consulting services rendered in December Paid $850 toward supplies purchased in (el Required: Prepare the journal entry for each of the above transactions. (if no entry is required for a transaction event, select "No Journal Entry Required in the first account field.) Views Journal entry worksheet < Note deb 4 Recand entry 5 Received $12,200 cash for consulting services rendered in January. Recend the transaction Der Journal 6 Chary 6 Ched C Vw gal 5 12.5 points ook 4 HOME In January Tongo. Incorporated, a branding consultant, had the following transactions Received $12.200 cash for consulting services rendered in January b Issued common stock to investors for $16.000 cash e Purchased $14,400 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years d Received $9.200 cash for consulting services to be performed in February e Bought and received $1.700 of supplies on account Received utility bill for January for $1.520, due February 15 Consuted for customers in January for fees totaling $23,500 due in February Received $13,700 cash for consulting services rendered in December Paid $850 toward supplies purchased in je Required: Prepare the joumal entry for each of the above transactions of no entry is required for a transaction event, select "No Journal Entry Required in the first account field) View transaction t Journal entry worksheet 2 Issued common stock to investors for $14,000 cash Record the transaction Note: is beschad ndry eneral al Ceny Delal Cha Vegal 5 12.5 points OOK #E HIME Pre theferences In January, Tongo, Incorporated, a branding consultant, had the following transactions a Received $12,200 cash for consulting services rendered in January b. issued common stock to investors for $16,000 cash c Purchased $14.400 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years d Received $9.200 cash for consulting services to be performed in February e. Bought and received $1,700 of suppiles on account. Received utility bill for January for $1,520, due February 15 g. Consulted for customers in January for fees totaling $23,500, due in February A. Received $13,700 cash for consulting services rendered in December Paid $850 toward supplies purchased in (el Required: Prepare the journal entry for each of the above transactions of no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View at Journal entry worksheet Note s Transaction 5 Ronny Purchased $14.400 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. Record the transaction. Genel Jal 6 Cleary 7 8 D Debil Cent View al 4 eBook ✪ Hirt Print frances 520, due February 15 g. Consulted for customers in January for fees totaling $23.500, due in February h. Received $13,700 cash for consulting services rendered in December Paid $850 toward supplies purchased in (e) Required: Prepare the journal entry for each of the above transactions. (If 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 N Enter debts before redis Reward endry 5 Received $3,200 cash for consulting services to be performed in February Record the transaction. General Journal 8 9 Clear entry Dett Credit View general journal HI Prit References Paid $850 toward supplies purchased in (e) Required: Prepare the joumal entry for each of the above transactions. (If 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 4 Note: Enter debts before credits Transaction 5 General Journal 6 Clear entry 7 Bought and received $1,700 of supplies on account. Record the transaction. 8 9 Debit Credit View general journal 500k Hint Print 0 References g. Consulted for customers in January for fees totaling $23,500, due in February. h Received $13,700 cash for consulting services rendered in December Paid $850 toward supplies purchased in (e/ Required: Prepare the journal entry for each of the above transactions. (If 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 e detits before credits Transaction 4 Record entry 5 Received utility bill for January for $1.520. due February 15. Record the transaction. General Journal 7 Clear ndry 8 9 Debit Credit View general journal Print References Required: Prepare the joumal entry for each of the above transactions. (if 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: Enter debits before credit Transaction 9 Record entry 4 5 General Journal 6 Consulted for customers in January for fees totaling $23,500, due in February. Record the transaction. Clear entry 7 8 9 Debit Creat View general journal > Pri References Paid $850 toward supplies purchased in (e). Required: Prepare the journal entry for each of the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account fleld.) View transaction list Journal entry worksheet < 1 2 3 Nota: Enter debits before credit Transaction Record entry 4 5 Received $13.700 cash for consulting services rendered in December, Record the transaction. General Journal 6 Clear entry 7 9 Debit Credit View general journal Print References Jurnal entry for each of the above transactions. (If no entry is required for a transaction/event, select "Ne Required" In the first account field.) View transaction list Journal entry worksheet < 1 2 3 Nate Enter debits before credits. Transaction * Record entry 4 5 6 Paid $850 toward supplies purchased in (e). Record the transaction. General Journal 7 Clear entry 8 Debit 9 Credit View general journal
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Answer rating: 100% (QA)
Journal entries Particulars Debit Credit Cash 12200 Service revenue ... View the full answer
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
Posted Date:
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