what does journal entry look like

All equipment is depreciated using the straight-line method. As of 12/31/21, she owed $3,500 to Dell Finance. The monthly payment on that loan is $150 including interest at 5%. Sally's last payment to Dell was 12/31/21. Over the next month or so, Sally plans to expand her business by selling some of her favorite ... her clients. She has already purchased the 200s; revenues are Sally's last payment to Dell Finance was 12/31/21. That payment included interest through 12/31. The next payment of $150 is due on February 1. The annual interest rate (simple interest) on the loan is 5%. TIP: Think about what that February 1st payment will cover. Does any of the amount relate to January activity? You may need to create a new account. All equipment is depreciated using the straight-line method. As of 12/31/21, she owed $3,500 to Dell Finance. The monthly payment on that loan is $150 including interest at 5%. Sally's last payment to Dell was 12/31/21. Over the next month or so, Sally plans to expand her business by selling some of her favorite ... her clients. She has already purchased the 200s; revenues are Sally's last payment to Dell Finance was 12/31/21. That payment included interest through 12/31. The next payment of $150 is due on February 1. The annual interest rate (simple interest) on the loan is 5%. TIP: Think about what that February 1st payment will cover. Does any of the amount relate to January activity? You may need to create a new account