Homework Answers
| Date | General Journal | Debit | Credit |
| April 01 | Cash | $48,000 | |
| Computer equipment | $30,000 | ||
| Common stock | $78,000 | ||
| ( To record investment by owner) |
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Journal entry worksheet < 1 2 BSC paid $53,000 for computer equipment with check number 101 and signed a note for $8,000 due in six months. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
Journal entry worksheet 1 2 3 4 BSC borrowed $48,000 from the bank, promising to repay it in two years. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal
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Journal entry worksheet 4 BSC paid $46,000 for computer equipment with check number 101 and signed a note for $6,000 due in six months. Record the transaction. Note: Enter debits before credits. Credit Debit General Journal Transaction 46,000 Equipment 40,000 Cash 6 000 Notes Payable (short-term) View general jou Record entry Clear entry 46,000 Equipment 3 40,000 Cash 6,000 Notes Payable (short-term)
Rent (131); Office Equipment (163);: Accounts Payable (201); Common StocR (307):319,3 View transaction list Journal entry worksheet 12 1 2 3 4 5 6 7 8 Brooks invested $195,000 cash along with $20,000 in office equipment in the company in exchange for common stock. Note: Enter debits before credits. Date General Journal Debit Credit Mar 01 Cash 195,000 Office equipment Common stock 20,000 215,000 Record entry Clear entry View general journal References eBook& Resources Worksheet Learning Objective: 02-C3 Describe a...
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