Question: what do i put into the boxes labeled account and explanation Recording transactions Now that you have reviewed information about Julie Yard's School of Music,

 what do i put into the boxes labeled account and explanationRecording transactions Now that you have reviewed information about Julie Yard's Schoolof Music, you are ready to begin the first step in theaccounting cycle, recording transactions. On this page of the practice set, you

what do i put into the boxes labeled account and explanation

Recording transactions Now that you have reviewed information about Julie Yard's School of Music, you are ready to begin the first step in the accounting cycle, recording transactions. On this page of the practice set, you are asked to record all of the transactions that occurred during the month of June into the general Journal of the business. The transactions for the month of June are as follows: Your pro INTRODUC ADJUSTE TAL BALANCE Date Transaction description 1 Miranda Bridgman invested $101,000 cash into the business, 1 Purchased Music Equipment for $52.000 cash. 1 Paid $8,800 for the next two month's advertising Obtained a long-term loan of $174,000 from the EastPac Bank. 5 Purchased approximately two months worth of office supplies on credit for $3,000 from Shack Supplies 6 Received $3,60 in cash from Council Records for music lessons provided on that day. 7 Paid S200 for a non-refundable account set-up fee to the telephone provider. 10 Provided $5,000 of music lessons on credit for Carrie O'Key. 10 Received $6,400 cash from Dan Serr for future music lessons. 17 Carrie O'Key paid $2,200 in partial payment of their account. 17 Paid staff wages of $5,400 for the period up to and including yesterday 20 Miranda Bridgman withdrew $1,000 cash from the business. 23 Made a partial payment of $2,100 for office supplies purchased on June 5. 24 Received a cash payment of $6,400 from students for music lessons provided on that day. 26 Provided $9,000 of music lessons to Dan Soul on credit. HENANCEL STATEMENT Complet This pag Remainir The time frames take you more Instructions recording transactions Following the accounting policies and procedures of the business, record all June transactions in the general journal Please note that when you select accounts, you will select the account using a popup link. You cannot type directly into the field. Your gradi General Journal entries do NOT require a description of the journal entries. Remember to enter all answers to the nearest whole dollar Your gradin Points to E R S - G C B N 1. G https://www.perdisco.com/elms/asam/html/asam.aspx Jun select Jun iseled 10 select Jun select select Jun 17 select jo (select Jun 20 seled II select Jun 23 select 23 select Jun 24 select) 24 (seled 6 R. s G G @ https://www.perdisco.com/elms/qsam/html/qsam.aspx select Jun 17 selod) 17 select Jun 20 select 20 select) Jun 23 select) 23 select) Jun 24 select) 24 select) Jun 26 select 26 Kselect Submit answers Manual Accounting Practice Set Julie Yard's School of Music US GAAP Edition (AUS) 2009 - 2014 Perdisco latin / fear thoroughly http://www.perdisco.com Terms of Use Privacy Policy Monday, September 13, 2021, 03:36 3 R . S F Z GENERAL JOURNAL Points Total Date Account and Explanation Post Ref. Debit Credit Jun select) select) select Informa Jun (select) select II II II III II II II II Gene Polich Allt Adius Chart Jun select) select) Jun select select) Jun 5 (select) 5 (select) Jun 6 select) 6 select) Jun 7 select) Select) . 3 E R . S F G H N C B

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