Question: what am i missing? Journal Entry #1 ? Help X Something's not quite right Please balance debits and credits. Journal date Journal no. 12/31/2018 #

what am i missing? Journal Entry #1 ? Help X Something's

what am i missing?

Journal Entry #1 ? Help X Something's not quite right Please balance debits and credits. Journal date Journal no. 12/31/2018 # ACCOUNT DEBITS CREDITS DESCRIPTION 1 Checking 5,000.00 2 Original cost 10,000.00 3 Depreciation 1,000.00 4 Notes payable 12,000.00 5 Common Stock 100.00 6 7

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!

Car Rental Contract Terms Car type: Weekly rental car charge: Charge per mile: Executive Transport, Inc. Rental Car Cost Analysis As of June 30, 2016 Customer-related data Mid-size Number of weeks...

what am i missing? Journal Entry #1 ? Help X Something's not quite right Please balance debits and credits. Journal date Journal no. 12/31/2018 # ACCOUNT DEBITS CREDITS DESCRIPTION 1 Checking...

Accounting Chart of Accounts Reconcile NAME TYPE DETAIL TYPE QUICKBOOKS BALANCE BANK BALANCE ACTION Cash Bank Checking 0.00 View register Accounts Receivable Accounts receivable (A/R) Accounts...

Problem 2.13 Trial balance The CEO of Targus Company printed a copy of the company's general ledger before boarding a flight You happen to sit next to her. During the flight, she planned to prepare a...

The question began from number 1 to 7, please ask me if u need anything Use the following table: Case X Case Y Case 2 Cash 1; 959 $ 1,519 $ 2,999 Shortterm investments 9 9 899 Receivables 9 1,749...

not sure if its salaries expense because that's also been counted wrong on others On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: Credit Debit $...

Prepare Journal entries to record the following merchandising transactions of Cabela's, which uses the perpetual inventory system and the gross method. Hint It will help to identify each receivable...

Saved Help Save The following unadjusted trial balance contains the accounts and balances of Dylan Delivery Company as of December 31. a. Unrecorded depreciation on the trucks at the end of the year...

Problem 9.3A (Algo) Preparing a bank reconciliation statement and journalizing entries to adjust the cash balance. LO 9-5, 9-6 140 On May 2, 20X1, HPF Vacations received its April bank statement from...

I need a explanation and Solution Please and Thank you Exercise 3-10 Preparing closing entries and a post-closing trial balance LO P7, P8 The following adjusted trial balance contains the accounts...

ch4-12 can you help on what is missing? Check my GL0402 (Algo) - Based on Problem 4-1A LO P2 On April 1, Sharon Lewis created a new travel agency, Lewis Travel. The following transactions occurred...

The law of one price O implies that a given good should sell for the same amount of currency, no matter where it's sold O is more likely to hold when arbitrage is relatively cheap and easy O holds...

An axon has the outer part of its membrane positively charged and the inner part negatively charged. The membrane has a thickness of 4.4 nm and a dielectric constant k = 5. If we model the axon as a...

QUESTIONS THAT HAVE RED X NEXT T O ANSWER ARE THE ONES I NEED HELP WITH ( T H E Y ARE INCORRECT ) . . . . green checkmarks are correct! D o not copy m y answers!!!! I will report the question t o...

Professor Marceau objects to the loop invariant used in the proof of Lemma 5.5. He questions whether it is true prior to the first iteration. His reasoning is that one could just as easily declare...

Assume that you recently received your MBA and now work as assistant to the CFO of a relatively large corporation. Your boss has asked you to prepare a financial forecast for the coming year, using...

Consider a liquid flow system consisting of a sealed tank with noncondensible gas above the liquid as shown in Figure. Derive an unsteady-state model relating the liquid Level h to the input flow...

The earnings, dividends, and stock price of Shelby Inc. are expected to grow at 7% per year in the future. Shelbys common stock sells for $23 per share, its last dividend was $2.00, and the company...

If a companys outstanding shares are increased through a stock dividend or a stock split, how would that alter the presentation of its EPS data?

Question 5 It is smart to build a model in small steps and periodically verify that it is behaving as expected.

2. In this chapter, the reader should reflect on the following concepts:

1. To provide an understanding of how emotions are regulated by the development of relationships between actors in a communication situation.

Positive effect on trusting others, and also improvements in the final results.