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Can you turn this JE to make it where Debits and Credits Balance out. For example: Debit: Land 70,000 Credit: Cash 70,000 Credit General Journal
Can you turn this JE to make it where Debits and Credits Balance out.
For example: Debit: Land 70,000
Credit: Cash 70,000
Credit General Journal Cash Office supplies Prepaid insurance Land Buildings Equipment Vehicles Accumulated depreciation, Equipment Accumulated depreciation, Buildings Accumulated depreciation, Vehicles Notes payable Mortgage note payable (Current portion) Mortgage note payable (Long-term) Capital Reservice Debit $112,500 $1,337 $1,782 $70,000 $140,000 $15,570 $42,100 $28,000 $11,720 $16,300 $74,500 $9,950 $90,450 $152,369Step by Step Solution
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