Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Dec 02, 2021

Hanalei has come to you for advice on how to record the following journal entry in MYOB: The partners received a cheque for $110, including

Hanalei has come to you for advice on how to record the following journal entry in MYOB: The partners received a cheque for $110, including GST, from Perth City Council which they banked into the cheque account. The cheque was a refund of overpaid rent. List the steps she should take in MYOB to record the receipt of money.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Receipts for transactions entered in the following windows can be printed Money is received at the b... blur-text-image

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

Step: 3

blur-text-image

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

Transport Operations

Transport Operations

Authors: Allen Stuart

2nd Edition

978-0470115398, 0470115394

More Books

Students also viewed these General Management questions

Question

★★★★★

Jing has come to you for advice on a potential job transfer to Mumbai, India. She is currently working for a large corporation located in Halifax. It is October and her manager has asked Jing to move...

Answered: 1 week ago

Question

★★★★★

Your boss has come to you for advice on the current finances of the company and needs you to create an extended DuPont analysis, common size analysis, and percentage change analysis. Your boss wants...

Answered: 1 week ago

Question

★★★★★

Adam, an Ontario taxpayer, has come to you for advice on the payment of income tax instalments. He has provided you with the following information on his actual or estimated combined federal and...

Answered: 1 week ago

Question

★★★★★

What is the charge of the iron ion released upon dissolvingFe(NH 4 ) 2 (SO 4 ) 2 ?Remember the charges of the polyatomic ions NH 4 andSO 4 and that the entire compound will be chargeneutral. a). 8+...

Answered: 1 week ago

Question

★★★★★

Obtain Starbucks's 2013 annual report either using the "Investor Relations" portion of its web site (do a Web search for Starbucks investor relations) or go to wwwsec.gov and click "Search for...

Answered: 1 week ago

Question

★★★★★

What package are JButton and many other J-prefixed components defined in?

Answered: 1 week ago

Question

★★★★★

=+a) Student ratings of an instructor on a 5 point Likert scale.

Answered: 1 week ago

Question

★★★★★

CFG Company has the following employees: Wages Paid Eddie $12,000 Melanie 6,000 Shelly 22,000 CFG receives the maximum credit for state unemployment taxes. What is the FUTA tax that CFG Company would...

Answered: 1 week ago

Question

★★★★★

I am using these Libraries. import numpy as np from pylab import * from numpy.matlib import repmat import matplotlib.pyplot as plt from scipy.io import loadmat import time % matplotlib notebook from...

Answered: 1 week ago

Question

★★★★★

Susan Jones would like her investment portfolio to be selected from a combination of three stocks Alpha, Beta, and Gamma. Let variables A, B, and G denote the percentages of the portfolio devoted to...

Answered: 1 week ago

Question

★★★★★

Question 1 3 pts Resale Value The estimated resale value R (in dollars) of a company car after 15 years is given by R(t) = 23,138 (0.756)? What is the rate of depreciation (in dollars per year) after...

Answered: 1 week ago

Question

★★★★★

Two important profitability measures that investors use in assessing efficiency and effectiveness of a merchandiser's operations are earnings after retail numbers (EARN) and net income dividends and...

Answered: 1 week ago

Question

★★★★★

On June 1, 2025, Ivanhoe Service Co. was started with an initial investment in the company of $19,250 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2025, and the...

Answered: 1 week ago

Question

★★★★★

Konig Enterprises, Limited, owns and operates three restaurants in Vancouver, B.C. The company allocates its fixed administrative expenses to the three restaurants on the basis of sales dollars. Last...

Answered: 1 week ago

Question

★★★★★

Manufacturing costs for Davenport Company during 2018 were as follows: Beginning Finished Goods, 1/1/18 Beginning Raw Materials, 1/1/18 Beginning Work in Process, 1/1/18 Direct Labor for 2018 Ending...

Answered: 1 week ago

Question

★★★★★

Lopez Company reported the following current-year data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 600 units-200 from each of the last...

Answered: 1 week ago

Question

★★★★★

Hey problems are 1 and 2. How do you do these? I have taken the snippets of code needed as well. #define MAXCOUNT 10 typedef int PQitem; typedef PQItem PQArray[MAXCOUNT); typedef struct int Count;...

Answered: 1 week ago

Question

★★★★★

Flicker, Inc., a closely held corporation, acquired a passive activity this year. Gross income from operations of the activity was $160,000. Operating expenses, not including depreciation, were...

Answered: 1 week ago

Question

★★★★★

Radial temperature gradients in an annular chemical reactor a catalytic reaction is being carried out at constant pressure in a packed bed between coaxial cylindrical walls with inner radius r 0 and...

Answered: 1 week ago

Question

★★★★★

Pressure rise in a sudden enlargement (Fig. 7.6-1). An aqueous salt solution is flowing through a sudden enlargement at a rate of 450 U. So gal/min = 0.0384 m 3 /s. The inside diameter of the smaller...

Answered: 1 week ago

Question

★★★★★

Effect of error in friction factor calculations, in a calculation using the Blasius formula for turbulent flow in pipes, the Reynolds number used was too low by 4%. Calculate the resulting error in...

Answered: 1 week ago

Question

★★★★★

What are the benefits of an ERP system?

Answered: 1 week ago

Question

★★★★★

Use Table 3.1 to analyze a new undergraduate degree in Supply Chain Management at a business school.

Answered: 1 week ago

Question

★★★★★

Employees tend to resist control and sometimes break the rules. Give examples of things you or others have done to resist controls.

Answered: 1 week ago

Previous Question Next Question