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Prepare the journal entries in the general journal format for SDDs transactions using appropriate acoiunt numbers. Assume the journal entries are posted to all the
Prepare the journal entries in the general journal format for SDDs transactions using appropriate acoiunt numbers. Assume the journal entries are posted to all the ledger. (Record debits first, then credits. Exclude explanations from any journal entries)
Homework: HW #4 Score: 0 of 3 pts E4-7 (similar to) Sinfully Delicious Desserts Bakery (SDD) ended ts irst year of operations on Deoember 31, 2018. During 2018, theSOD us 41 of 10 (0 complete) HW Score: 0% Questio the following chart of aocounts ollowing transactions ooourred: EB (Click the icon to view the chart of aocounts.) Read the requemn (Cick the ioon to view the thansactions.) January 10: The owners of SDD invested $204,000 (the par value of the stock) and acquired 20,400 shares of common stock Ref January f0 Transaction Chart of Accounts January 10The owners of SDD invested $204,000 (the par value of the March 15SOD puchased equipment in the amount of S44,000 on credt Aprl 12SDD purchased supplies in the amount of $27,000 and paid May 31 June 15SDD paid employees $25,000 in cash for wages stock) and aoquired 20 400 shares of common stock Assets 100 Cash 101 Accounts Receivable 102 Supplies 111 Equipment ccount with the DD collected $80,000 in sales revenue for the month, all o which was paid in cash. Ignore Cost of Goods Sold uy 31 September 30 SOD paid the balange due to the equipment vendor for the November 10 SDD paid the balance due to the supplier for the purchase made November 3 SDD reconded sales revenue in the amount of $221,000, haif on December 20 The customers who owed SDD for the November 30 sales paid SDD purohased supplios in the amount of $18,000 on credit account with the supplie purchase made on March 15 on July 31 credit and the other hailf paid in cash lgnoe Cost of Goods Sold. heir baances in ful with cash 200 Accounts Payable Stockholders' Equity 300 Common Stock Revenues 400 Sales Revenue 503 Wage Expense Choose from any list or enter any number in the input fields and then click Check Answe Print Done Print Done Step by Step Solution
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