Entry #5— PGS’s first rent payment is due.Entry #6— PGS has a grand opening and makes it first sale. It sells a guitar for $500 that cost $100.Entry #7— PGS sells another guitar to a customer on account for $300. The cost of this guitar was $100.Entry #8— PGS pays ...
Q: Prepare the journal entry for the following transaction: Paid rent $200. A: The rent expense journal entry is not too complicated: DR: …
If salaries for the month of December is 200000 but paid only 100000 at 31st December, and the rest of the amount is paid in January, what will the entry be for both months considering FY ends at the end of December? See the journal entry for point 4) in the main example at the t...
What Is a Journal Entry? Why Are Journal Entries So Important? What Is Double-Entry Bookkeeping? Double-Entry Bookkeeping Example What Is Included in a Journal Entry? What are the Most Common Types of Journals? Most Common Journal Entries for a Small Business What Are the Different Types of...
General Ledger - Journal Entry Every increase in expenditure & assets will be a debit, every decrease in expenditure & assets will be a credit - Put a journal entry and show a puchase transaction.. 4 Answers are available for this question.
10--In lieu of paying himself, Paul decides to declare a $1, 000 dividend for the year Write the accounting transactions in the jeneral journal. 1 Dr Cash 10000 Cr Common stock 10000 (To record stock issuance) 2 No entry 3 Dr Leasehold improvements 100000 ...
* Paying my bills and earning my living,attempting to stay strong and upbeatand cheerful in the doing (rather than complaining). The Power of One: “But what can I do about Life? I’m just one little person . . .” “The world is so big . . . it moves so fast. What difference...
Tomorrow it begins again, the hunger, the headache and the guilt, but right now I don’t care about tomorrow and for my sake (and probably yours) not caring is the best I can do. on Day 169 Day 67 Bill left without paying his share of rent, utilities and ordinary household expenses...
“Most resettlement agencies would call us crazy,” George told me. Other agencies won’t risk the liability for paying their clients’ rent, but IRIS wanted to guarantee their housing security. George also said that, after Sara’s poisoning in 2018, the nonprofit decided to conduct lead ...
The Art of Pauline Kael.This is a great documentary about the brilliant movie critic. It made me appreciate her as much more than an insightful critic and writer. She fought fiercely for years to be recognized as a female critic and get a paying job in what was traditionally a white man...