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Can someone do these journal entries for me? Thanks! Here is the beginning balance Here are the journal entries begin{tabular}{|l|r|r} & January 1 Balances
Can someone do these journal entries for me? Thanks!
Here is the beginning balance
Here are the journal entries
\begin{tabular}{|l|r|r} & January 1 Balances \\ \hline Cash & 9,368 & \\ \hline Accounts Rec & 9,202 & \\ \hline Allowance for doubtful accounts & & 920 \\ \hline Inventory & 4,874 & \\ \hline Prepaid Ins & & \\ \hline Land & 3,000 & \\ \hline Building & 15,000 & \\ \hline Equipment & 2,080 & \\ \hline Accum Depre & & 190 \\ \hline Accounts Pay & & 6,257 \\ \hline Note Pay & & 1,000 \\ \hline Mortgage pay (5\% interest) & & 10,052 \\ \hline Stock \$1 par (1,000 shares outstanding) & 1,000 \\ \hline Additional Paid in Capital & & 4,000 \\ \hline Retained Earnings & & 20,105 \\ \hline & 43,524 & 43,524 \\ \hline \end{tabular} 9-Jan Sales, on account Cash sale Received payment from customer, terms 1/10,n/30. Paid after 10 days paid vendor (accounts payable) for inventory. take a 2% discount for paying within 10 days Received payment from customer, terms 1/10,n/30. Paid within 10 days goods returned by customer paid vendor, no discount allowed Received payment from customer, terms 1/10,n/30. Paid within 10 days Returned goods to vendor 14-Jan Paid travel expense Received payment from customer, terms 1/10,n/30. Paid after 10 days 15-Jan Purchases inventory on account Paid freight on incoming inventory Paid property taxes Paid salary Sales, on account 3130 18-Jan Received payment from customer, terms 1/10,n/30. Paid after 10 days 250Step by Step Solution
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