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make an journal for writing January - 01 - 20x8 January - 02 - 20x8 January - 05 - 20x8 January .05 - 20x8 January.
make an journal for writing
January - 01 - 20x8 January - 02 - 20x8 January - 05 - 20x8 January .05 - 20x8 January. 05. 20x8 January - 08 - 20x8 January - 13 - 20x8 January - 15 - 20x8 January - 15 - 20x8 January - 17 - 20x8 January - 19 - 20X8 January 20 - 20X8 January - 23 - 20x8 January - 23 - 20x8 January - 24 - 20X8 January - 29- 20x8 January - 30 - 20x8 January - 31 - 20X8 January - 31 - 20X8 Rent of $24,000 on all facilities is paid. Company K purchased inventory on account for $15,000. Company K issued invoice #X8-0105 for goods sold at $41,000. Company K determines salaried owed for the month of January will be $13,900. Company K received invoice for $600 of freight charges on inventory. Company K sells a plot of land for S550,000, a loss of $80,000 Company K is invoiced for $4,000 for building repairs. Company K pays their employees 56,900 in salaries. Company K issued invoice #x8-0115 for goods sold at $27,000. Company K received a partial payment for invoice #X8-0115, in the amount of $10,000, Company K purchased equipment with cash, valued at $32,000. Insurance bill in the amount of $1,200 for the month is received The owner of Company K withdraw $50,000 in capital. Company K issues $25,000 of common shares. Company Kearns $3,000 in investment revenues. Company K pays off frieght and building repairs accounts payable. Insurance amount of S600 is paid. Company K pays out $20,000 in dividend payments. Company K pays their employees $7,000 in salaries. THE ACCOUNTING CYCLE - JOURNAL - ACTIVITY 3 File ile the de unde This activity in the perfect activities and use Below are a list of transactions for Company K. For each transaction, determine the accounts affected and whether the transaction is a debit or credit to the account. Transactions Date January - 01 - 20x8 January - 01 - 20x8 January 02 - 20X8 January - 05 - 20x8 January-05-20X8 January . 05. 20X8 January .08.20x8 January - 13. 20x8 January - 15 - 20x8 January 15 20x8 January - 17 - 20x8 Description Company has declared that $20,000 in dividends will be paid out at the end of the month. Rent of $24,000 on all facilities is paid. Company K purchased inventory on account for $15,000 Company issued invoice X8-0105 for goods sold at $41,000, Company K determines salaried owed for the month of January will be $13,900. Company K received invoice for $600 of freight charges on inventory Company K sells a plot of land for S550,000, a loss of $80,000. Company K is invoiced for $4,000 for building repairs. Company K pays their employees $6,900 in salaries. Company K issued invoice #X8-0115 for goods sold at $27,000. Company received a partial payment for invoice#X8_0115.in the amount of $10,000 Step by Step Solution
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