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Fill in the blank with the correct account names and debit/Credit amounts for the following journal entries. JUS D Question 4 Fill in the blanks
Fill in the blank with the correct account names and debit/Credit amounts for the following journal entries.
JUS D Question 4 Fill in the blanks with the correct Account Names and Debit/Credit Amounts for the following Journal Entries: For Account Names, use the Chart of Accounts to choose the appropriate Account Name. Accounts must be spelled exactly how they appear in the Chart to get credit. For Debit/Credit Amounts, use the following numeric format: 12345 (no dollar signs, no commas). Chart of Accounts Assets Stockholders' Equity Cash Contributed Capital Dividends Accounts Receivable Inventory Supplies Sales Prepaid Rent Depreciation Expense Equipment Accumulated Depreciation Rent Expense Supplies Expense Liabilities Accounts Payable Wages Expense Notes Payable Utilities Expense Active Journal Entries 1. On January 1, ABC Company paid $6,000 cash for rent for the next 6 months Debit Account Name Credit Account Name Debit Amount Credit Amount $ 2. On January 1, ABC Company purchased Equipment for $12,500 in cash. Debit Account Name Credit Account Name Debit Amount Credit Amount 15 $ 3. On January 5. ABC Company purchased Supplies on account for $200. Debit Account Name Credit Account Name Debit Amount Credit Amount Passive Journal Entries 1. On January 31, ABC Company made the passive Journal entry to account for 1 month of rent ChintPart of Prepaid Rent has expired) Debit Account Name Credit Account Name Debit Amount Credit Amount RS Passive Journal Entries 1. On January 31, ABC Company made the passive journal entry to account for 1 month of rent Thint: Part of Prepaid Rent has expired) Debit Account Name Credit Account Name Debit Amount ant Credit Amount > $ board res 18 OP 2 On January 31. ABC Company makes the passive journal entry to account for the depreciation expense of the Equipment they purchased on January 1. The equipment had an original cost of $12,500 and a useful life of 10 years and a salvage value of $500 Debit Account Name Credit Account Name Debit Amount Credit Amount Jendar Inbox $ MO 3. On January 31, ABC Company found they had 575 worth of Supplies (Supplies were initially $200) Help Debit Account Name Credit Account Name Debit Amount Credit Amount $ Step by Step Solution
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