Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 14 Aug 2017 My Price 11.00

debit (DR)or credit (CR)

For each item below, indicate whether a debit (DR)or credit (CR) applies.????

1. Decrease in Prepaid Rent ?

2. ?. Increase in Unearned Revenue ??

3. ?. Increase in Accounts Payable ??

4. . Increase in Dividends ??

5. . Increase in Dividend Receivable ??

6.Increase in Wages expense ?

6. ?Increase in Accounts Receivable ?

7. ? Decrease in Supplies ??

8. Increase in Accumulated Depreciation???

9. Increase in Copyrights

Prepare, in good form, journal entries for the following transactions from Buster Brown Corporation.???
May 1 Stockholders invest $40,000 cash to start the business.??
May 2 Purchased equipment for $100,000, paying $20,000 and signing a five-year, 6% note for the remainder.?
?May 3 Purchased $2,000 of paper supplies on account.??
May 4 Cash received for services amounted to $5,500.?
?5. Paid $800 for radio advertising.??
6. Paid $500 on account for paper supplies purchased on May 3rd.

?7. Dividends of $200 were paid to stockholders.?
?8. Paid $600 for the current month's rent.?
?9. Received $2,000 cash advance from a customer. ??
10. Billed a customer for $900 for services completed.??

?The company's chart of accounts includes: Cash, Accounts Receivable, Paper Supplies, Equipment, Accounts Payable, Notes Payable, Unearned Revenue, Common Stock, Retained Earnings, Dividends, Service Revenue, Advertising Expense, Paper Supplies Expense, and Rent Expense.

Answers

Maurice Tutor
(5)
Status NEW Posted 14 Aug 2017 04:08 PM My Price 11.00

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