Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

of El Corporodices and sale wind even ernes. To frances operations Cime Corp. od 10.000.000 1 20. your cale bonds on May 1, 201, a

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
of El Corporodices and sale wind even ernes. To frances operations Cime Corp. od 10.000.000 1 20. your cale bonds on May 1, 201, a terrace mwen interest payable on May 1 and over 1 The focal year of the company is the comendo you Journaize the entries to record the following selected transactions. Be sure to maine me your more delle for the entras recording to me and calling at the bonde Peter to the charter Accounts for once morang of account toes 2011 May Nov Tosuos vilbords for cash at their face amount 1 Pad the rest on the bonds 2015 NOW Caled me bond insun 90, the rate provided in a bond indente contrary tax paynet er interest Chart of Accounts CHART OF ACCOUNTS Emil Corp General Ledger ASSETS 110 Cash REVENUE 410 Sales 10 Interest Reve 611 Canon Foton of Bands 111 Potty Cash 121 Accounts Receivable 122 Allowance for Doubtful Accounts ng 126 Interest Receivable 127 Notes Receivable 131 Merchandise Inventory 141 Office Supplies 142 Store Supplies 161 Prepaid Insurance 191 Land 192 Store Equipment 193 Accumulated Depreciation Store Equipment 194 Office Equipment 195 Accumulated Depreciation Office Equipment EXPENSES 510 Cost of Merchandise Sold 515 Credit Card Expense 516 Cash Short and Over 521 Sales Salaries Expense 522 Office Salones Expense 531 Advertising Expense 532 Delivery Expense 533 Repairs Expense 534 Selling Expenses 535 Rent Expense

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Financial & Managerial Accounting, 1, 2 Terms (12 Months)

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

14th Edition

133727075X, 9781337270755

More Books

Students also viewed these Accounting questions