Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

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: 401 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 12 Aug 2017 My Price 12.00

services for advertisers

Transaction Entries: Creative Designs, a firm providing art services for advertisers, began business on June 1. The following accounts in its general ledger are needed to record the transactions for June: Cash, Accounts receivable, supplies, office equipment, accounts payable, common stock, dividends, service fees earned, rent expense, utilizes expense, and salaries expense. Use journal entries to record the following transactions for June in the general Journal.

 

June

1 ' Lisa Ryan invested $12,000 cash to begin the business; she received common stock for her investment.

2 ' Paid rent for June, $950.

3 ' Purchased office equipment on account, $6,400.

6 ' Purchased art materials and other supplies costing $3,800; paid $1,800 down within the remainder due within 30 days.

11 ' Billed clients for services, $4,700.

17 ' Collected $3,250 from clients on account.

19 ' Paid $3,000 on account to office equipment company (see June 3 transaction)

25 ' Lisa Ryan received a $2,000 dividend.

30 ' Paid utility bill for June, $250.

30 ' Paid salaries for June, $2,500.

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Aug 2017 01:08 PM My Price 12.00

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