Question: Required: table [ [ No , Date,General Journal,Debit,Credit ] , [ 1 , January 0 2 , 2 0 2 0 , Buildings, 1

Required: \table[[No,Date,General Journal,Debit,Credit],[1,January 02,2020,Buildings,179,000,],[,Cash,,179,000],[2,July 01,2020,Vehicles,47,000,],[,Cash,,47,000],[3,October 02,2020,Vehicles,700,],[,Cash,,700vv],[4,October 13,2020,Repairs and Maintenance Expense,100,],[,Cash,,100],[5,December 01,202C,Franchise Rights,84,000,],[,Cash,,84,000],[6,December 31,202C,Depreciation Expense,18,800\times ,],[,Depreciation Expense,8,650\times ,],[,Amortization Expense,16,800,x],[,Accumulated Depreciation-Vehicles,,18,800\times ],[,Accumulated Depreciation-Buildings,,8,650 X],[,Accumulated Amortization,,16,800],[7,June 30,2021,Depreciation Expense,12,953\times ,],[,Accumulated Depreciation-Buildings,,12,953\times ]]\table[[8,June 30,2021,Cash,V,143,000,],[,,Accumulated Depreciation-Buildings,V,x,13,148],[,,Loss on Disposal of PPE,V,x,36,000],[,,Buildings,V,,179,000],[9,December 31,202,Amortization Expense,
u ,18,200\times ,],[,,Franchise Rights,x,x,18,200],[,,,x,,x],[,,,x,,x]]
Prepare the journal entries required on each of the above dates. (If no entry is required for a transaction/event, select "No Journal
Entry Required" in the first account field. Do not round intermediate calculations.)
 Required: \table[[No,Date,General Journal,Debit,Credit],[1,January 02,2020,Buildings,179,000,],[,Cash,,179,000],[2,July 01,2020,Vehicles,47,000,],[,Cash,,47,000],[3,October 02,2020,Vehicles,700,],[,Cash,,700vv],[4,October 13,2020,Repairs and Maintenance Expense,100,],[,Cash,,100],[5,December 01,202C,Franchise

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!