Journalize and Post the following transactions for the Peony Company for the month of October. a Shareholders
Fantastic news! We've Found the answer you've been seeking!
Question:
Journalize and Post the following transactions for the Peony Company for the month of October.
a Shareholders invested $36,000 of cash in the business.
b Purchased land costing $18,000 with cash.
c Purchased equipment costing $9,000 for $4,000 cash and the remainder on credit.
d Purchased supplies on account for $800.
e Paid $3,000 for a one year insurance policy.
f Received $2,000 for services performed.
g Received $4,000 for services to be delivered next month.
h Paid $2,500 of wage to employee.
Related Book For
Holt McDougal Larson Geometry
ISBN: 9780547315171
1st Edition
Authors: Ron Larson, Laurie Boswell, Timothy D. Kanold, Lee Stiff
Posted Date: