Question

Homework 3-Chapter 3 xSmartsims Logir Homework 3- Chapter 3 4 a. Bills paid $1,500 to plumbers for repairing a broken pipe in the restrooms. b. Bils paid $2,000 for the June electricity bill and received the July bill for $2.500, which will be paid in August c Bills paid $5,475 to employees for work in July. 10 Prepare journal entries to record the above transactions. (f no entry is required for a trensectio Required in the first account field.) Journal entry worksheet 2 Record the payment of $1,500 to plumbers for repairing a broken pipe in the restrooms Transaction General Journal Prev 4 of 10 Next >
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Journal entry :

Transaction account and explanation debit credit
a Repairs and maintenance expense 1500
Cash 1500
(To record expense paid)
b Utilities payable 2000
Cash 2000
(To record utilities paid)
c Utilities expense 2500
Utilities payable 2500
(To record accured)
d Salary and wages expense 5475
Cash 5475
(To record salary and wages paid)
Add a comment
Know the answer?
Add Answer to:
Homework 3-Chapter 3 xSmartsims Logir Homework 3- Chapter 3 4 a. Bill's paid $1,500 to plumbers...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers.

     The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers. a. Bill's paid $1,400 to plumbers for repairing a broken pipe in the restrooms. b. Bill's paid $2,300 for the June electricity bill and received the July bill for $3,600, which will be paid in August. c. Bill's paid $5,675 to employees for work in July. Prepare journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in...

  • The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers.

    The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers. a. Bill's paid $3,200 to plumbers for repairing a broken pipe in the restrooms. b. Bills paid $2,600 for the June electricity bill and received the July bill for $3,400, which will be paid in August. c. Bill's paid $5,655 to employees for work in July. Prepare journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No Journal Required" in the...

  • The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers.

    The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers. If an expense is to be recognized in July, indicate the amount. ActivityAmounta. Bill's paid $2,250 in July to plumbers for repairing a broken pipe in the restrooms.b. Bill's paid $2,550 for the June electricity bill and received the July bill for $3,150, which will be paid in August.c.   Bill's paid $5,750 to employees for work in July. 

  • The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers. If an expense is to be recognized in July, indicate the amount.

    M3-4 Identifying Accrual Basis Expenses [LO 3-2] The following transactions are July activities of Bill's Extreme Bowling, Inc., which operates several bowling centers. If an expense is to be recognized in July, indicate the amount.  a. Bill's paid $2,000 to plumbers for repairing a broken pipe in the restrooms.  b. Bill's paid $3,600 for the June electricity bill and received the July bill for $4,400, which will be paid in August. c. Bill's paid $5,525 to employees for work in July.

  • The following transactions are July activities of Noah’s Tik Tok Service, which creates videos. Noah paid...

    The following transactions are July activities of Noah’s Tik Tok Service, which creates videos. Noah paid $762 to plumbers for repairing a broken pipe in the restrooms. Noah paid $468 for the June electricity bill and received the July bill for $633, which will be paid in August. Noah paid 316 to employees for work in July. What are the total change to liabilities that Noah will recognize in July? If increase, leave as a positive number. If decreases, place...

  • 2. The following transactions are July activities of Bill’s Extreme Bowling, Inc., which operates several bowling...

    2. The following transactions are July activities of Bill’s Extreme Bowling, Inc., which operates several bowling centers. Bill's paid $3,250 to plumbers for repairing a broken pipe in the restrooms. Bill's paid $3,150 for the June electricity bill and received the July bill for $3,450, which will be paid in August. Bill's paid $5,915 to employees for work in July. Prepare journal entries to record the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry...

  • Q1) The following transactions are July activities of Noah’s Tik Tok Service, which creates videos. Noah...

    Q1) The following transactions are July activities of Noah’s Tik Tok Service, which creates videos. Noah paid $882 to plumbers for repairing a broken pipe in the restrooms. Noah paid $758 for the June electricity bill and received the July bill for $986, which will be paid in August. Noah paid $552 to employees for work in July. What are the total change to liabilities that Noah will recognize in July? If increase, leave as a positive number. If decreases,...

  • Journal entry worksheet 4 rescoronhe avment ofro ipe in the restrooms. Note: Enter debits before credits....

    Journal entry worksheet 4 rescoronhe avment ofro ipe in the restrooms. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal Journal entry worksheet 4 Record the payment of $3,300 for the June electricity bill Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet 4 Record the receipt of July electricity bill for $4,000 which will be paid in August. Note:...

  • help please with m3-3 m3-4 m3-5 m3-6 super confused Customer deposits Expenses Inventory purchases Wages paid...

    help please with m3-3 m3-4 m3-5 m3-6 super confused Customer deposits Expenses Inventory purchases Wages paid Cost of sales Wages expense Utilities expense Net income Net income M3-3 LO3-2, 3-3 Identifying Revenues The following transactions are July activities of Craig's Bowling, Inc., which operates several bowling centers (for games and equipment sales). If revenue is to be recognized in July, indicate the reven account title and amount. If revenue is not to be recognized in July, explain why. CHAPTER 3...

  • The following transactions are July activities of Bennett's Bowling, Inc., which operates several bowling centers, offering customers lanes for games and merchandise for sale.

     The following transactions are July activities of Bennett's Bowling, Inc., which operates several bowling centers, offering customers lanes for games and merchandise for sale. e. Bennett's provided to customers bowling merchandise inventory costing Bennett's $3,890. [Consider only the effect on cost goods sold [expense] here. Do not consider sales revenue for this question.] f. Bennett's paid $2,300 on the electricity bill for June (recorded as an expense in June). g. Bennett's paid $3,800 to employees for work in July. h. Bennett's purchased $3,300 in...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT