R Pessotto sold a truck (motor vehicle) to J Aitkens for $5720 ($5200 + $520 GST) who
Question:
R Pessotto sold a truck (motor vehicle) to J Aitkens for $5720 ($5200 + $520 GST) who paid with a direct deposit into the bank account. Prepare the journal for R Pessotto.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Journal Entry for R Pessotto Truck Sale Date Enter the date of the sale Description Sale of truck m...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson
Question Posted:
Students also viewed these Business questions
-
Using the information of William Dumbrell at the end of January 2022 (shown in figure 6.94) and the transactions for February: enter the appropriate journal abbreviation next to each transaction ...
-
Bob's Building, LLC (hereinafter "BB") is a company that provides training and supplies to general contractors and other individuals in the building industry. BB began its operations in 2015. The...
-
Question Description Bob's Building, LLC (hereinafter "BB") is a company that provides training and supplies to general contractors and other individuals in the building industry. BB began its...
-
Football Comm LLC is a manufacturer of devices for football coaches and their coaching staffs that enable them to quickly and effectively communicate with one another during a game through a wireless...
-
(a) The holder can choose whether any caplet is exercised, but there is a limit of N on the total number of caplets that can be exercised. (b) Once the holder chooses to exercise a caplet all...
-
Chemco Enterprises is the manufacturer of Ultra-Dry, a hydrophobic coating that will waterproof anything. Over a 5-year period, the costs associated with the pilot test product line were as follows:...
-
What is the difference between an organizations business and its goals? Answer: An organizations business describes the clear, broad, underlying industry or market sector of an organizations...
-
The year 1987 featured extreme volatility on the stock market, including a loss of over 20 percent of the markets value on a single day. Figure 7.6 (a) shows the percent frequency histogram of the...
-
A chain coffee shop company is considering adding a new line of business of offering small foods and snacks. The CEO of the company hired you as a financial analyst to help the company decide if it...
-
J Leeson commenced business on 15 April 2022 with $5000 in the bank, GST receivable $350 and a computer valued at $3500. 20 April: Additional funds of $15 000 were injected by J Leeson into the...
-
Matthews paid $3850 ($3500 + $350 GST) to R Badger for an office desk, cabinet and chair (office furniture). Prepare the journal for S Matthews.
-
Mica Co. agreed to build a commercial storage building by September 1 for Pack Rat Storage. It was hard to predict Pack Rat's losses if the building was not completed on time. The parties estimated...
-
1. How will you check if a class is a child of another class? 2. What is init method in python?
-
1. What are lists and tuples? What is the key difference between the two? 2. What is Scope in Python?
-
1. What is an Interpreted language? 2. What is a dynamically typed language?
-
Q.1 If denotes increasing order of intensity, then the meaning of the words [talk shout scream] is analogous to [please pander]. Which one of the given options is appropriate to fill the blank? (A)...
-
A $1000, 5% bond is purchased 8.5 years before maturity to yield 4% compounded semiannually. If the bond interest is payable semi-annually, what is the purchase price of the bond?
-
(a) Prove that form an orthonormal basis for R3 for the usual dot product. (b) Find the coordinates of v = (1, 1, 1)T relative to this basis. (c) Verify formula (5.5) in this particular case. 48-65...
-
During October 2019, Cleo organised a new business, Cleos Cafe. After each October transaction, Cleo prepared a balance sheet, as shown below. Required (a) Describe the nature of each of the four...
-
Financial data for Safety Hire as of 30 June 2019 is shown below. Required (a) Prepare an income statement for the month of June and a balance sheet in account format for Safety Hire as at 30 June...
-
Toby and Talea McKellar are the joint owners of Beaut Beach Caravan Park, which is near a swimming beach popular during the summer months. The park provides not only camping facilities for caravans...
-
Sociology
-
I am unsure how to answer question e as there are two variable changes. In each of the following, you are given two options with selected parameters. In each case, assume the risk-free rate is 6% and...
-
On January 1, Interworks paid a contractor to construct a new cell tower at a cost of $850,000. The tower had an estimated useful life of ten years and a salvage value of $100,000. Interworks...
Study smarter with the SolutionInn App