Question
10.Concrete Consulting Co. has the following accounts An accounting form that is used to record the increases and decreases in each financial statement item.in its
10.Concrete Consulting Co. has the following accounts An accounting form that is used to record the increases and decreases in each financial statement item.in its ledger
A group of accounts for a business.
: Cash; Accounts Receivable A claim against the customer created by selling merchandise or services on credit.; Supplies; Office Equipment; Accounts Payable; Jason Payne, Capital; Jason Payne, Drawing The account used to record amounts withdrawn by an owner of a proprietorship.; Fees Earned; Rent Expense; Advertising Expense; Utilities Expense; Miscellaneous Expense
CHART OF ACCOUNTSConcrete Consulting Co.General Ledger
AssetsRevenue
LIABILITIES21Accounts Payable
EQUITY31Jason Payne, Capital32Jason Payne, Drawing
EXPENSES51Rent Expense52Advertising Expense53Utilities Expense54Miscellaneous Expense
JournalizeThe process of recording a transaction in the journal.
the following selected transactions for October 2019 in a two-column journal. Refer to the Chart of Accounts for exact wording of account titles.
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