Question
in QUICKBOOK online how would i record these two (A) Brent Watson invested $75,000 cash in stock of [Your Name]'s Landscaping. You invested $100,000 cash
in QUICKBOOK online how would i record these two
(A) Brent Watson invested $75,000 cash in stock of [Your Name]'s Landscaping. You invested $100,000 cash in the stock of the company. Investments all in cash were deposited in the business checking account.
(B) Purchased 32,000 of store fixtures using a Notes Payable, due in 1 year with 10% interest. The fixtures have an estimated salvage value of $4,000 and a 10-year life. The equipment is depreciated using the SL method.
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
