Transactions for Tamarisk Company for the month of May are presented below. Prepare journal entries for each
Question:
Transactions for Tamarisk Company for the month of May are presented below. Prepare journal entries for each of these transactions.\ (If no entry is required, select "No entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented\ when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit\ entries.)\ May 1\ B.D. Tamarisk invests $3,840 cash in exchange for common stock in Tamarisk Company, a small welding corporation.\ 3\ Buys equipment on account for $1,105.\ 13\ Pays $392 to landlord for May rent.\ 21\ Bills Noble Corp. $530 for welding work done.
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield