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Journalize the following December 2011 Transactions in QuickBooks: December 23: Rented a back hoe to Rocks Etc. at a price of $250 per day, to
Journalize the following December 2011 Transactions in QuickBooks: December 23: Rented a back hoe to Rocks Etc. at a price of $250 per day, to be paid when the backhoe is returned. Rocks Etc. expects to keep the backhoe for about two weeks. (The company is using accrual basis method of accounting) THEN, Journalize the following adjustments: As of December 31, six days of rent on the backhoe rented to Rocks Etc. on December 23 has been earned.
How do I do this in QuickBooks...I can't seem to figure a way....
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