Question: rite cetas E2-18A. (Learning Objectives 2, Understanding how accounting works: journalizing transactions) Hurris Tree Cellular, Inc. completed the following transactions during April 20X6, its first

 rite cetas E2-18A. (Learning Objectives 2, Understanding how accounting works: journalizing
transactions) Hurris Tree Cellular, Inc. completed the following transactions during April 20X6,

rite cetas E2-18A. (Learning Objectives 2, Understanding how accounting works: journalizing transactions) Hurris Tree Cellular, Inc. completed the following transactions during April 20X6, its first month of operations 23 Apr 2 he Received $1,200 and med ordinary burn Purchol 200 office appliccm T'aid 515.200 cash for lesbling site Performed service for comics and received cash. Pald 5100 on es paille. Performed service for ShipEx on account tot 2100 Collected $1,000 from ShipEx com Paid the following experies salary, $1,200, rent, SAXO oks at 19 21 30 Requirement 1. Record the transactions in the journal of Harris Tree Cellular, Inc. Key transactions by date and include an explanation for each entry. the transactions by date and give an explanation for each transaction. E2-18A. (Learning Objectives 2, 3: Understanding how accounting works; journalizing transactions) Harris Tree Cellular, Inc., completed the following transactions during April 20X6, its first month of operations: LO Apr 1 2 4 6 9 17 23 30 Received $18,200 and issued ordinary shares. Purchased $200 of office supplies on account. Paid $15,200 cash for land to use as a building site. Performed service for customers and received cash of $3,300. Paid $100 on accounts payable. Performed service for ShipEx on account totaling $2,100, Collected $1,000 from ShipEx on account. Paid the following expenses: salary, $1,200; rent, $600. Requirement 1. Record the transactions in the journal of Harris Tree Cellular, Inc. Key transactions by date and include an explanation for each entry

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!