Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

APPLY YOUR SKILLS 4-2 Create Purchase and Expense Transactions Sadie has left you some receipts for payment made and a few bills to enter. She

image text in transcribedimage text in transcribed

APPLY YOUR SKILLS 4-2 Create Purchase and Expense Transactions Sadie has left you some receipts for payment made and a few bills to enter. She has written notes so you know which account to record the transaction in. In thus exercise, you will create the transactions for these receipts and bills. (Hint: You may need to add vendors and accounts.) 1. Review the list and then create the necessary transactions Debit card transaction for decorations for the Grand Opening, 7/30/2021 at District Party Dcor, $37.88; Office Supplies & Software Debit card transaction for raffle tickets, tissue paper, and ribbons, $25.66 at Office Plus, 7/28/2021; Office Supplies & Software Credit card purchase, 7/25/2021, Sundown District Chamber of Commerce lunch meeting, $45; Meals and Entertainment Credit card purchase, 7/28/2021 for $389.10 from District Party Dcor for rental of tables and chairs, balloons, and music for the Grand Opening party, Equipment Rental Expense Credit card purchase: 7/27/2021 to US Post Office for stamps $47.00; Postage Bill dated 7/30/2021 from Sundown District Water for $16.84; for service from 7/20/2021 to 7/28/2021, due in 15 days, Utilities Bill dated 7/30/2021 from PetEdge, PO Box 100, Beverly, MA 01915, for pooch nail clippers, bill number 89774; $48.96; due in 15 days; Pooch Supplies Bill dated 7/28/2021 from Designs for You, 1004 Makers Road, Los Angeles, CA 90022; bill number 21-8944, due in 15 days, for 1000 business cards, $108; Marketing Billdated B/05/2021 from Sundown District Chamber of Commerce for one year membership: $250.00; bill number PLPP 2021, due in 15 days, Dues and Subscriptions

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Conducting An Institutional Diversity Audit In Higher Education A Practitioners Guide To Systematic Diversity Transformation

Authors: Edna Chun, Alvin Evans, Benjamin D. Reese

1st Edition

1620368196, 978-1620368190

More Books

Students also viewed these Accounting questions

Question

1. Define mass and mediated communication

Answered: 1 week ago