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Business transactions completed by Hannah Venedict during the month of September are as follows. Venedict invested $ 8 4 , 0 0 0 cash along
Business transactions completed by Hannah Venedict during the month of September are as follows.
Venedict invested $ cash along with office equipment valued at $ in a new business named HV Consulting in exchange for common stock.
The company purchased land valued at $ and a building valued at $ The purchase is paid with $ cash and a note payable for $
The company purchased $ of office supplies on credit.
Venedict invested an automobile in the company in exchange for more common stock. The automobile has a value of $
The company purchased $ of additional office equipment on credit.
The company paid $ cash salary to an assistant.
The company provided services to a client and collected $ cash.
The company paid $ cash for this months utilities.
The company paid $ cash to settle the account payable created in transaction c
The company purchased $ of new office equipment by paying $ cash.
The company completed $ of services on credit for a client, who must pay within days.
The company paid $ cash salary to an assistant.
The company received $ cash in partial payment on the receivable created in transaction k
The company paid a $ cash dividend.
Required:
Prepare general journal entries to record these transactions using the following titles: Cash ; Accounts Receivable ; Office Supplies ; Office Equipment ; Automobiles ; Building ; Land ; Accounts Payable ; Notes Payable ; Common Stock ; Dividends ; Consulting Revenue ; Salaries Expense ; and Utilities Expense
Post the journal entries from part to the ledger accounts.
Prepare a trial balance as of the end of September.
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Prepare general journal entries to record these transactions using the following titles: Cash ; Accounts Receivable ; Office Supplies ; Office Equipment ; Automobiles ; Building ; Land ; Accounts Payable ; Notes Payable ; Common Stock ; Dividends ; Consulting Revenue ; Salaries Expense ; and Utilities Expense
Journal entry worksheet
Venedict invested $ cash along with office equipment valued at $ in a new business named HV Consulting in exchange for common stock.
Note: Enter debits before credits.
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