FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

why the answer is still not complete for record this transaction on the journal entry? Journal entry worksheet S. Rey invested $45,000 cash, a $20,000

why the answer is still not complete for record this transaction on the journal entry?
image text in transcribed
Journal entry worksheet S. Rey invested $45,000 cash, a $20,000 computer system, and $8,000 of office equipment in the company. Note: Enter debits before credits. Date General Journal Debit Credit October 01 Cash Computer equipment Office equipment S. Rey, Capital 45,000 20,000 8,000 73,000 Record entry Clear entry View general journal

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial And Managerial Accounting The Basis For Business Decisions
Financial And Managerial Accounting The Basis For Business Decisions

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

19th Edition

1260247937, 978-1260247930

More Books

Students explore these related Accounting questions

Question

Economists have found that increasing the proportion of girls in primary and secondary school leads to significant improvement in students cognitive outcomes (Victor Lavy and Analia Schlosser. 2007....

Answered: 3 weeks ago

Question

What are the totals of the debit and credit columns from the vouchers journal for the month of May? Debit amount: Credit amount:

Answered: 3 weeks ago

Question

explain the gap that job crafting fills in top-down job redesign approaches;

Answered: 3 weeks ago

Question

Document for Analysis: Information Request Your Task. Analyze the following poorly written letter, and list its weaknesses. If your instructor directs, revise it using the suggestions you learned in...

Answered: 3 weeks ago

Question

Tamarisk Corporation had the following 2017 income statement. Sales revenue Cost of goods sold Gross profit Operating expenses (includes depreciation of $21,000) Net income $195,000 132,000 63,000...

Answered: 3 weeks ago

Question

There is $ 4 , 0 0 0 of wages owed to employees at year - end. A count of the supplies at year - end revealed that $ 2 , 0 0 0 of supplies are on hand. The inventory balance in the general ledger...

Answered: 3 weeks ago

Question

In the field of computer networking there is an imprecise relationship between the level of use of a network communication bandwidth and the latency experienced in peer-to-peer communication. Let X~...

Answered: 3 weeks ago

Question

Time Left: 09:2 Uncategorized i Question Type: MCQ Question No. 14. Mark/s: 4.00 | Negative Mark/s: 0.00 A manufacturing firm would like to develop an aggregate plan for the next quarter. Data...

Answered: 3 weeks ago

Question

What is the correct way to pass a vector through this method declaration in C++? Where would it go exactly and what is the syntax for it? Thank you! void MergeSort (SortBy sortBy);

Answered: 3 weeks ago

Question

The use of loyalty programs in the marketplace allows companies to collect more and more data on customers. Some consumers do not realize this information is being compiled and used to market to...

Answered: 3 weeks ago

Question

(x) Consider the one-dimensional (1D) discrete system with linear springs depicted in Figure 1 for which we have the following data: 1) Boundary conditions (fixed support): U1 = 0, 42 = 0 2) External...

Answered: 3 weeks ago

Question

1 Is the need for training equally likely across different sectors? Purbeck Ice Cream is a small company employing eight people. It was set up by dairy farmers to make good use of excess milk and is...

Answered: 3 weeks ago

Question

2 What might be distinctive about how companies in different sectors approach the provision of training? Purbeck Ice Cream is a small company employing eight people. It was set up by dairy farmers to...

Answered: 3 weeks ago

Question

2 Where might the different approaches be most appropriate in terms of fit with: (a) industry norms; (b) organisational culture; (c) national culture?

Answered: 3 weeks ago

Previous Question Next Question