Question
To complete the journal entries always include the debit account first and the credit accounts second. If you have a compound entry with multiple debit
To complete the journal entries always include the debit account first and the credit accounts second. If you have a compound entry with multiple debit and or credit accounts include DR and CR to designate if you are debiting or crediting the account. See the example below remembering each line here is one line you are typing into. DR Equipment $100.000 CR Accounts Payable $50,000 CR Cash $50.000
Question 1 August 2 issued 5,000 shares, $2 par value, common stock in payment of its attorney's bill of $38,000. The bill was for services performed for the company to help it incorporate. Blank # 1 A Blank'# 2 A Blank # 3 A
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