The following February journal entries all involved cash. Post the amounts to the ledger account for Cash,
Question:
The following February journal entries all involved cash.
Post the amounts to the ledger account for Cash, Account No. 111. Assume that all transactions appeared on page 1 of the generaljournal.
Transcribed Image Text:
2/9 2/16 2/21 2/28 Increases to Cash-Debits 6,400 1,748 4,600 980 5,900 Decreases to Cash-Credits 2/3 2/6 2/12 640 952 1,200 3,842 2/25
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (16 reviews)
GENERAL LEDGER ACCOUNT Cash ACCOUNT NO 111 POST BALANC...View the full answer
Answered By
Ajay Negi
Hi, I've completed my degree in engineering (Information Technology) from an NIT. Currently working as a software engineer. Wish to impart quality education to the future generation.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
Question Posted:
Students also viewed these Accounting questions
-
Post the journal entries yo ledger accounts Cash 245,000 Office equipment 5,200 Drafting equipment 78,000 Common stock 328,200 Land 51,000 Cash 8,700 Notes payable 42,300 Building 58,000 Cash 58,000...
-
Post the journal entries in Figure 3.34 to the ledger of Kingston Company. The partial ledger of Kingston Company is Cash, 111; Equipment, 121; Accounts Payable, 211; and A. Kingston, Capital, 311....
-
Apply normalization (1NF, 2NF and 3NF) of the system description given below and justify why relation needs 1NF, 2NF, and 3NF or not. At the end shift normalized data into Un-Normalized Data. S ystem...
-
In your opinion, based on the concepts presented within this chapter, what key fundamentals do managers need to understand to successfully manage a business?
-
Adelio Garcia owns an industrial equipment company named Get Smart Industrial that sells three products in the oil services industry, using a direct sales force to do so. Adelio wants to grow the...
-
What is a split-ballot technique and what is it used for?
-
A wire with mass 40.0 g is stretched so that its ends are tied down at points 80.0 cm apart. The wire vibrates in its fundamental mode with frequency 60.0 Hz and with amplitude at the antinodes of...
-
2 Photometry (18 points) Fixtures A and Fixture B are 2'x4' two-lamp fluorescent luminaires. Their candlepower distribution is as shown below. Find the illuminance levels at point a and point c. Show...
-
Your tax clients, Jack and Diane a married couple filing a joint return, fell in love with a new construction house for sale in their small Illinois hometown. The builder offers two options on the...
-
Montoya Tutoring Service completed the following transactions. Journalize the transactions in general journal form, including brief explanations. Mar. 1 Bought equipment for $ 5,798 from Teaching...
-
Arrange the following steps in the posting process in correct order: a. The amount of the balance of the ledger account is recorded in the Debit Balance or Credit Balance column. b. The amount of the...
-
What are the major differences among a task force, an employee involvement group, and a self-managing team?
-
Fill in the blanks to make the following statements correct. a. The term quantity demanded refers to ___________ purchases by consumers, whereas quantity exchanged refers to ___________ purchases by...
-
Scientists still are not entirely sure whether the universe is open (which means it will keep expanding forever) or closed (which means it will eventually fall back in on itself in a "Big Crunch")....
-
Contact a stockbroker and obtain and study a copy of a prospectus for a currently popular real estate investment trust (REIT). a. Indicate what type of REIT (equity, mortgage, or hybrid) it...
-
After seeing an old movie, you become concerned about a large asteroid that could be gravitationally attracted to Earth from very far away. You realize that long ago such an asteroid's speed relative...
-
You are traveling toward a large fixed mirror at a constant relative speed \(0.20 c_{0}\). At \(t=0\), when the mirror is a distance \(d\) from you (measured in your reference frame), you emit a...
-
Approximate f (2) if the linearization of f (x) at a = 2 is L(x) = 2x + 4?
-
Describe a job you have had in the past or a job you are very familiar with. Indicate the negative aspects of the job and how it could be improved with current human resource management techniques.
-
Laser Tecnologia Srl develops, assembles and sells two product lines: Product Line A is sold exclusively to the Italian Department of Defence under a cost-plus reimbursement contract. Product Line B...
-
The following data were gathered to use in reconciling the bank account of Eves Company: Balance per bank ............................................... $18,250 Balance per company records...
-
The following bank reconciliation was prepared as of June 30, 20Y7: A. Identify the errors in the bank reconciliation. B. Prepare a corrected bank reconciliation. Poway Co. Bank Reconciliation For...
-
Journalize the entries to record the following: A. Check No. 12-375 is issued to establish a petty cash fund of $750. B. The amount of cash in the petty cash fund is now $80. Check No. 12-476 is...
-
Yi is collecting the Old Age Security pension benefit. Annually, Yi receives $5757 a year from OAS. In addition to OAS, Yi's annual income from her pension, CPP, and other sources totals $94250 a...
-
1. Write an equation that describes the information in the table: X Y -4 12 -2 3.5 2 -13.5 5 -26.25 2. Write an equation for the line in the graph below. Label the points on the graph that you used...
-
The inventory account is reduced by $36 to account for the returned defective items. what is the reason for this?
Study smarter with the SolutionInn App