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The following is list of accounts in alphabetical order each represented by letter(s). Use the following list of accounts for journalizing transactions. Example of Answer:

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The following is list of accounts in alphabetical order each represented by letter(s). Use the following list of accounts for journalizing transactions. Example of Answer: G3000D, B2000D, AA5000C Where each box represents a journal entry line. In the first box, G denotes Cash account, 3000 is the amount, D stands for debit. In the second box: B denotes Accounts Receivable account, 2000 is the amount, D stands for debit. And in the third box: AA denotes Sales Revenue, 5000 is the amount, and C stands for credit. The letters are in capital. Don't use dollar sign, decimal point, comma, or space in any place. If in an entry requires more than one debit or credit accounts, first enter debit accounts (in order of dollar amount - large amount to small amount), then the credit accounts (in order of dollar amount - large amount to small amount). If no entry is required, type in No Entry. Question: Debra Company purchased a production equipment for factory for $50,000 plus 8% sales taxes. Debra paid $5,000 in cash and financed the rest at 6% requiring 40 equal monthly payments at the end of each month. Provide the journal entry that must be made on purchase date of the truck. Example of Answer: A5678.20D A15000.00D Two Decimal Points. No comma, space, or dollar sign. Journal Entry Line 1= A Journal Entry Line 2= A Journal Entry Line 3= A Compute the amount of monthly payment. Example of Answer: 678.20 Two Decimal Points. No comma, space, or dollar sign. Monthly Payment = A Provide the journal entry for the second payment on the instalment purchase. Example of Answer: A5678.20D or A15000.00D Two Decimal Points. No comma, space, or dollar sign. Journal Entry Line 1=

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