new lift and air filter expenditures
On August 7, Green River Inflatables Co. paid $1,675 to install a hydraulic lift and $40 for an air filter for one of its delivery trucks.
Journalize the entries for the new lift and air filter expenditures. Refer to the Chart of Accounts for exact wording of account titles.
Â
CHART OF ACCOUNTS
ASSETS
110Cash
111Petty Cash
112Accounts Receivable
114Interest Receivable
115Notes Receivable
116Merchandise Inventory
117Supplies
119Prepaid Insurance
120Land
123Delivery Truck
124Accumulated Depreciation-Delivery Truck
125Equipment
126Accumulated Depreciation-Equipment
130Mineral Rights
131Accumulated Depletion
132Goodwill
133Patents
LIABILITIES
210Accounts Payable
211Salaries Payable
213Sales Tax Payable
214Interest Payable
215Notes Payable
EQUITY
310Owner, Capital
311Owner, Drawing
312Income Summary
REVENUE
410Sales
610Interest Revenue
620Gain on Sale of Delivery Truck
621Gain on Sale of Equipment
EXPENSES
510Cost of Merchandise Sold
520Salaries Expense
521Advertising Expense
522Depreciation Expense-Delivery Truck
523Delivery Expense
524Repairs and Maintenance Expense
529Selling Expenses
531Rent Expense
532Depreciation Expense-Equipment
533Depletion Expense
534Amortization Expense-Patents
535Insurance Expense
536Supplies Expense
539Miscellaneous Expense
710Interest Expense
720Loss on Sale of Delivery Truck
721Loss on Sale of Equipment
Answers
Status NEW
Posted 09 May 2017 12:05 AM
My Price 15.00
-----------
Attachments
file 1494291105-Solutions file.docx preview (56 words )
S-----------olu-----------tio-----------ns -----------fil-----------e
-----------Hel-----------lo -----------Sir-----------/Ma-----------dam-----------
T-----------han-----------k y-----------ou -----------for----------- yo-----------ur -----------int-----------ere-----------st -----------and----------- bu-----------yin-----------g m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l b-----------e q-----------uic-----------kly----------- on-----------lin-----------e a-----------nd -----------giv-----------e y-----------ou -----------exa-----------ct -----------fil-----------e a-----------nd -----------the----------- sa-----------me -----------fil-----------e i-----------s a-----------lso----------- se-----------nt -----------to -----------you-----------r e-----------mai-----------l t-----------hat----------- is----------- re-----------gis-----------ter-----------ed -----------onÂ----------- th-----------is -----------web-----------sit-----------e.
-----------
H-----------YPE-----------RLI-----------NK -----------&qu-----------ot;-----------htt-----------p:/-----------/wo-----------rkb-----------ank-----------247-----------.co-----------m/&-----------quo-----------t; -----------\t -----------&qu-----------ot;-----------_bl-----------ank-----------&qu-----------ot;-----------
-----------Tha-----------nk -----------you-----------
-----------
Not Rated(0)