Journalize the following transactions: 10/01/200X: John Ross transferred a van that he owned to his business, Critters

Question:

Journalize the following transactions:

10/01/200X: John Ross transferred a van that he owned to his business, Critters Pet Care. According to the Kelley Blue Book, the van was worth $12,000. John wrote the details of the transfer in Memo 29.

10/05/200X: John went to an offi ce-services center and paid $150 to print invoices and $25 for overnight delivery of a business package, Check 222.

10/10/200X: John signed an agreement with Commerce Bank for a short-term business loan of $3,000. The bank’s check was number 00058936.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Small Business Accounting

ISBN: 9780470198636

1st Edition

Authors: Lita Epstein, Susan Myers

Question Posted: