The following transactions occurred at the Daisy King Ice Cream Company. 1. Started business by issuing...
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The following transactions occurred at the Daisy King Ice Cream Company. 1. Started business by issuing 10,000 shares of common stock for $35,000. 2. Leased a building for three years at $650 per month and paid six months' rent in advance. 3. Purchased equipment by signing a note with the bank for $6,900. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: 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 5 6 7 8 Started business by issuing 10,000 shares of common stock for $35,000. Note: Enter debits before credits. Event 1 General Journal Debit Credit M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Print References Mc Graw Hill Journal entry worksheet 1 2 3 4 5 6 78 Leased a building for three years at $650 per month and paid six months' rent in advance. Note: Enter debits before credits. Event 2 General Journal Debit Credit Clear entry Record entry Q Search View general journal > < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work 12:00 AM 9/28/2023 A M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 6 7 8 > References Mc Graw Hill Purchased equipment by signing a note with the bank for $6,900. Note: Enter debits before credits. Event 3 General Journal Debit Credit Clear entry Record entry Q Search View general journal < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work 12:00 AM 9/28/2023 A M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 6 7 8 > References Mc Graw Hill Purchased $3,300 of supplies on account. Note: Enter debits before credits. Event 4 General Journal Debit Credit Clear entry Record entry Q Search View general journal < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work 12:00 AM 9/28/2023 A M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 6 7 8 > References Mc Graw Hill Recorded cash sales of $2,300 for the first week. Note: Enter debits before credits. Event 5 General Journal Debit Credit Clear entry Record entry Q Search View general journal < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work 12:00 AM 9/28/2023 A M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 References Mc Graw Hill Paid weekly salaries, $1,070. Note: Enter debits before credits. Event 6 5 6 7 8 > General Journal Debit Credit Clear entry Record entry Q Search View general journal < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work A 12:00 AM 9/28/2023 M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 References Mc Graw Hill Paid for supplies purchased in item (4). Note: Enter debits before credits. Event 7 60 7 8 00 General Journal Debit Credit Clear entry Record entry Q Search View general journal > < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work A 12:00 AM 9/28/2023 M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 6 7 8 References Mc Graw Hill Recorded depreciation on equipment, $150. Note: Enter debits before credits. Event 8 General Journal Debit Credit Clear entry Record entry Q Search View general journal < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work 12:00 AM 9/28/2023 A The following transactions occurred at the Daisy King Ice Cream Company. 1. Started business by issuing 10,000 shares of common stock for $35,000. 2. Leased a building for three years at $650 per month and paid six months' rent in advance. 3. Purchased equipment by signing a note with the bank for $6,900. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: 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 5 6 7 8 Started business by issuing 10,000 shares of common stock for $35,000. Note: Enter debits before credits. Event 1 General Journal Debit Credit M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Print References Mc Graw Hill Journal entry worksheet 1 2 3 4 5 6 78 Leased a building for three years at $650 per month and paid six months' rent in advance. Note: Enter debits before credits. Event 2 General Journal Debit Credit Clear entry Record entry Q Search View general journal > < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work 12:00 AM 9/28/2023 A M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 6 7 8 > References Mc Graw Hill Purchased equipment by signing a note with the bank for $6,900. Note: Enter debits before credits. Event 3 General Journal Debit Credit Clear entry Record entry Q Search View general journal < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work 12:00 AM 9/28/2023 A M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 6 7 8 > References Mc Graw Hill Purchased $3,300 of supplies on account. Note: Enter debits before credits. Event 4 General Journal Debit Credit Clear entry Record entry Q Search View general journal < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work 12:00 AM 9/28/2023 A M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 6 7 8 > References Mc Graw Hill Recorded cash sales of $2,300 for the first week. Note: Enter debits before credits. Event 5 General Journal Debit Credit Clear entry Record entry Q Search View general journal < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work 12:00 AM 9/28/2023 A M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 References Mc Graw Hill Paid weekly salaries, $1,070. Note: Enter debits before credits. Event 6 5 6 7 8 > General Journal Debit Credit Clear entry Record entry Q Search View general journal < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work A 12:00 AM 9/28/2023 M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 References Mc Graw Hill Paid for supplies purchased in item (4). Note: Enter debits before credits. Event 7 60 7 8 00 General Journal Debit Credit Clear entry Record entry Q Search View general journal > < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work A 12:00 AM 9/28/2023 M Connect | Learning Software | Mc X M Question 15 - Exam #1 - Connect X Change in equity from nonowner X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-g... Exam #1 i Saved 1 15 points Skipped 3. Iurchased equipment by signy a note will we parin vi 46,53. 4. Purchased $3,300 of supplies on account. 5. Recorded cash sales of $2,300 for the first week. 6. Paid weekly salaries, $1,070. 7. Paid for supplies purchased in item (4). 8. Recorded depreciation on equipment, $150. Required: Prepare journal entries to record each of the transactions listed above. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list eBook Journal entry worksheet Print < 1 2 3 4 5 6 7 8 References Mc Graw Hill Recorded depreciation on equipment, $150. Note: Enter debits before credits. Event 8 General Journal Debit Credit Clear entry Record entry Q Search View general journal < Prev 15 of 17 --- Next > EJ Help Save & Exit Submit Check my work 12:00 AM 9/28/2023 A
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Horngrens Financial And Managerial Accounting The Financial Chapters
ISBN: 9780134486840
6th Edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
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