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11.10 AM Tue Jan 19 Assignment Details FINANCIAL ACCOUNTING (BA_211,004 W2021) Submission Types No Submission Submission & Rubric Description 'In-Class Exercises' exercises can earn 8
11.10 AM Tue Jan 19 Assignment Details FINANCIAL ACCOUNTING (BA_211,004 W2021) Submission Types No Submission Submission & Rubric Description 'In-Class Exercises' exercises can earn 8 points each and must be handwritten by you on paper and scanned to PDF and then submitted in CANVAS for grading. 1) Prepare the journal entry(ies) for the following transactions: May 2, 2019: Main Street Enterprises purchased office supplies, for $2,000, on account. June 2, 2019: Main Street paid for the supplies. 2) Prepare the necessary journal entry(ies) for the following transactions: Feb 10, 2019: Jones Consulting performed services for clients. These clients were billed $2,500. March 8, 2019: Jones received full payment from these clients. 3) Prepare the journal entry for the following transaction: On June 12, the business paid $4,500 for the following expenses: employee salary, $3,000; utilities, $1,000, and repairs, $500 Next Previous
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