Question
The May transactions of Blue Spruce Corp. were as follows. May 4 Paid $750 due for supplies previously purchased on account. 7 Performed advisory services
The May transactions of Blue Spruce Corp. were as follows.
| May 4 | Paid $750 due for supplies previously purchased on account. | |
| 7 | Performed advisory services on account for $7,150. | |
| 8 | Purchased supplies for $870 on account. | |
| 9 | Purchased equipment for $2,940 in cash. | |
| 17 | Paid employees $650 in cash. | |
| 22 | Received bill for equipment repairs of $830. | |
| 29 | Paid $1,270 for 12 months of insurance policy. Coverage begins June 1. |
Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
| Date | Account Titles and Explanation | Debit | Credit |
|---|---|---|---|
| choose a transaction date May 4May 7May 8May 9May 17May 22May 29 | enter an account title | enter a debit amount | enter a credit amount |
| enter an account title | enter a debit amount | enter a credit amount | |
| choose a transaction date May 4May 7May 8May 9May 17May 22May 29 | enter an account title | enter a debit amount | enter a credit amount |
| enter an account title | enter a debit amount | enter a credit amount | |
| choose a transaction date May 4May 7May 8May 9May 17May 22May 29 | enter an account title | enter a debit amount | enter a credit amount |
| enter an account title | enter a debit amount | enter a credit amount | |
| choose a transaction date May 4May 7May 8May 9May 17May 22May 29 | enter an account title | enter a debit amount | enter a credit amount |
| enter an account title | enter a debit amount | enter a credit amount | |
| choose a transaction date May 4May 7May 8May 9May 17May 22May 29 | enter an account title | enter a debit amount | enter a credit amount |
| enter an account title | enter a debit amount | enter a credit amount | |
| choose a transaction date May 4May 7May 8May 9May 17May 22May 29 | enter an account title | enter a debit amount | enter a credit amount |
| enter an account title | enter a debit amount | enter a credit amount | |
| choose a transaction date May 4May 7May 8May 9May 17May 22May 29 | enter an account title | enter a debit amount | enter a credit amount |
| enter an account title | enter a debit amount | enter a credit amount |
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Excise Tax Ozone Depleting Chemicals IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304114279, 978-1304114273
