m/app/#/611389c6a5b7cb83a897a0db7db2edc9/problem/1/business/GeneralJournalew/ Problem 1: P11-27A Background: The following transactions of Houston Pharmacies occurred during 2015 and 2016. Assignment: This question has 2 requirements. Scroll down to review the requirements and ensure you complete all requirements before submitting your work for grading Requirements: The accounts used by Houston Pharmacies are provided in the Chart of Accounts (click on Chart of Accounts to view). The accounts have already been opened in the General Ledger (click on "General Ledger to view). 1. Prepare journal entries to record the transactions of Houston Pharmacies and post the entries to the General Ledger. (Explanations are not required) Transactions: 01/09/2015 Purchased computer equipment at a cost of $13,000, signing a six-month, 9% note payable for that amount. 01/29/2015 Recorded the week's sales of $66,000, three-fourths on credit and one-fourth for cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold. 02/05/2015 Sent the last week's sales tax to the state. 07/09/2015 Paid the six-month, 9% note, plus interest, at maturity. SAVE WORK RESET RESULTS SUBMIT WORK BUSINESS REPORTS January 1, 2015 December 31, 2015 COMPANY INFORMATION | CHART OF ACCOUNTS GENERAL JOURNAL Date Account Debit Credit 01/09/2015 Selectean adu elec ADD ROM DELETE THEORECROW CANCEL WW PL ST Beautiful Whatsnn oncmg.com/app/#/611389c6a5b7cb83a897a0db7db2edc9/problem/1/business/GeneralJournalew/ Problem 1: P11-27A Background: The following transactions of Houston Pharmacies occurred during 2015 and 2016. Assignment: This question has 2 requirements. Scroll down to review the requirements and ensure you complete all requirements before submitting your work for grading. Requirements: The accounts used by Houston Pharmacies are provided in the Chart of Accounts (click on Chart of Accounts to view). The accounts have already been opened in the General Ledger (click on "General Ledger to view). 1. Prepare journal entries to record the transactions of Houston Pharmacies and post the entries to the General Ledger. (Explanations are not required.) Transactions: 08/31/2015 Purchased merchandise inventory for $6,000, signing a six-month, 10% note payable. The company uses the perpetual inventory system. 12/31/2015 Accrued warranty expense, which is estimated at 3% of sales of $601,000. 12/31/2015 Accrued interest on all outstanding notes payable. 02/29/2016 Paid the six-month 10% note, plus interest, at maturity. SAVE WORK RESET RESULTS SUBMIT WORK BUSINESS REPORTS January 1, 2015 December 31, 2015 COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Date Account Debit Credit 01/09/2015 Select an account Selecl an account ADD Row DELETE CHECKED ROMS HAMMASTAAMATTON CANCEL General Journal/view Problem 3: P13-37A Background: Assignment: This question has 3 requirements. Scroll down to review the requirements and ensure you C-Cell Wireless needed additional capital to expand, so the business incorporated. The charter from complete all requirements before submitting your work for grading. the state of Georgia authorizes C-Cell to issue 50,000 shares of 7%, $50 par value cumulative preferred stock and 120,000 shares of $2 par value common Requirements: stock During the first month, C-Cell completed the following transactions. Assume C-Cell's net The accounts used by C-Cell Wireless are provided in the Chart of Accounts (click on "Chart income for the month was $96,000. of Accounts to view). The accounts have already been opened in the General Ledger (click on "General Ledger to view). 1. Prepare journal entries to record the transactions of C-Cell Wireless and post the entries to the General Ledger. (Explanations are not required. Transactions: 10/02/2016 Issued 22,000 shares of common stock for a building with a market value of $120,000. 10/06/2016 Issued 900 shares of preferred stock for $70 per share. 10/09/2016 Issued 12,000 shares of common stock for cash of $60,000. 10/10/2016 Declared a $16,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock, SAVE WORK RESET RESULTS SUBMIT WORK BUSINESS REPORTS October 1, 2016 - October 31, 2016 > COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Date Accounts Debit Credit No transactions in Journal TGT in Ann Problem 3 : P13-37A Background: Assignment: This question has 3 requirements. Scroll down to review the requirements and ensure you C-Cell Wireless needed additional capital to expand, so the business incorporated. The charter from complete all requirements before submitting your work for grading the state of Georgia authorizes C-Cell to issue 50,000 shares of 7%, $50 par value cumulative preferred stock and 120,000 shares of $2 par value common Requirements stock. During the first month, C-Cell completed the following transactions. Assume C Cell's net The accounts used by C-Cell Wireless are provided in the Chart of Accounts (click on "Chart income for the month was $96,000. of Accounts to view). The accounts have already been opened in the General Ledger (click on "General Ledger to view) 1. Prepare journal entries to record the ransactions of C-Cell Wireless and post the entries to the General Ledger. (Explanations are not required.) Transactions: 10/06/2016 Issued 900 shares of preferred stock for $70 per share. 10/09/2016 Issued 12,000 shares of common stock for cash of $60,000. 10/10/2016 Declared a $16,000 cash dividend for stockholders of record on Oct. 20. Use a separate Dividends Payable account for preferred and common stock. 10/25//2016 Paid the cash dividend. SAVE WORK RESET RESULTS SUBMIT WORK BUSINESS REPORTS October 1, 2016 - October 31, 2016 COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Date Accounts Debit Credit No transactions in Journal Ann Thandanna SANTA BALAN MENGALAMAN MOMOANA VALLADORS I KA De WhatsApp