subject
Business, 20.09.2020 16:01 sugandiwoodbine

Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Retained Earnings, Dividends, Fees Earned, Rent Expense, Advertising Expense, Utilities Expense, Miscellaneous Expense. Journalize the following selected transactions for October 20Y2 in a two-column journal. Journal entry explanations may be omitted.

Oct. 1. Paid rent for the month, $5,300. 3.Paid advertising expense, $3,350.
5. Paid cash for supplies, $1,430. 6.Purchased office equipment on account, $22,000.
12. Received cash from customers on account, $7,170.
20. Paid creditor on account, $2,100.
27. Paid cash for miscellaneous expenses, $910.
30. Paid telephone bill for the month, $330.
31. Fees earned and billed to customers for the month, $47,800.
31. Paid electricity bill for the month, $570. 31.Paid dividends, $3,600.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 09:40
You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.
Answers: 3
question
Business, 23.06.2019 00:30
Greentel, a telecom giant, has been using the service of orpheus inc. for training its employees. according to a deal signed by the two companies, orpheus inc. is not only responsible for training greentel's employees but also for providing comprehensive administrative services to the telecom giant. in this instance, greentel engages in
Answers: 1
question
Business, 23.06.2019 01:30
Should i run away or get a boyfriend and be loved again
Answers: 3
question
Business, 23.06.2019 18:40
Sri lanka is one of the major tea producing nations in the world. a substantial portion of the country's annual tea production gets exported to various countries, including the united arab emirates, russia, and other countries in the middle east. given the success in these countries, sri lanka decided to foray into the asian market. research evidence indicated that people in myanmar are major consumers of tea and that there is a high demand for tea in that country. this convinced industry experts in sri lanka that exporting to myanmar was a good idea. even though sri lankan tea was priced competitively, sales in myanmar turned out to be far lower than expected. which of the following, if true, could explain this outcome? a. myanmar exported a substantial amount of its annual tea production that year. b. the tea exported from sri lanka is of the highest quality. c. the myanmar government hiked the minimum wage for labor. d. people in myanmar are willing to pay more for their domestic tea brands than for foreign brands. e. sri lankan tea exports to other asian countries like india and china have also not been very successful.
Answers: 1
You know the right answer?
Innovative Consulting Co. has the following accounts in its ledger: Cash, Accounts Receivable, Suppl...
Questions
question
Mathematics, 29.11.2021 17:10
question
Mathematics, 29.11.2021 17:10
question
Mathematics, 29.11.2021 17:10
question
Mathematics, 29.11.2021 17:10
question
Mathematics, 29.11.2021 17:10
Questions on the website: 13722367