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Pippa's Paralegal Services completed these transactions in February: a. February 1 - Completed work for a client on credit for $1,500 b. February 5 -
Pippa's Paralegal Services completed these transactions in February: a. February 1 - Completed work for a client on credit for $1,500 b. February 5 - Completed work for a client and received $800 cash C. February 28 - Received $1,000 cash for the work described in (a). Prepare journal entries to record the above transactions. (Hint - you will have three entries) General Journal Description Date Post Debit Credit Juno Company had $1,500 of office supplies available at the beginning of the current year. During the year Juno Company purchased $2,750 worth of office supplies. On December 31 of this year $375 worth of office supplies remained. Prepare the journal entry to adjust the supplies account. General Journal Description Date Debit Credit Record the following transactions in General Journal format for Rogers Electrical Supply: April 23 - Sold merchandise on account to Reds Hardware Store, Invoice No. 7703, $3.410 (the cost of the merchandise sold is $1,345) May 2 - Reds Hardware Store returned $810 of the merchandise (the cost of the merchandise returned is $235), Rogers Electrial Supply issued credit memo no. 110 General Journal Description Date Post Ref. per Debit Debit Credit On January 4, 2019. Crazy Fun Whitewater Adventures purchased a new river raft for $15,300. This new raft will have a useful life of 5 years, and a trade-in (salvage) value of $3,200 at the end of that time. Using straight-line depreciation, calculate and record the adjusting entry as of December 31, 2019. General Journal Description Date Date Description here Post Ref. Debit Credit Credit Your assignment is to create a journal entry from any of the accounting concepts you have learned in Financial Accounting Principles I. Required: Include the question that you would ask (including all details) and also the answer to the question. Do NOT copy one from your textbook, use what you know and create an entry that may challenge a fellow learner in Accounting. General Journal Date Description Post Debit Credit
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