Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. i forgot to include the below in my initial questi

I forgot to include the below in my initial question, which I submitted 20 minutes...

60.1K

Verified Solution

Question

Accounting

I forgot to include the below in my initial question, which I submitted 20 minutes ago.
***Hint: Create a compound journal entry to record the balances of these accounts.
Assets
Checking Account 10,000
A/R Jones 800
Inventory 5,000
Supplies 1,000
Camera 3,500
Total Assets $20,300
Liabiities
Sun Bank Note Loan 5,000
Total Liabilities $5,000
Equity
S. Smiles Capital 15,300
Total Equity 15,300
Total Liabilities + Equity $20,300

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Discuss the lymphatic tissues associated with the respiratory and digestive systems, include in your discussion the types...

Medical Sciences
Q

Warehouse Location - The FMC Corporation* The FMC Corporation is a large diversified producer of machinery, chemicals,...

Advance Math
Q

Besides the thymine and uracil base difference which DNA strand s sequence is complementary to...

Biology
Q

38 Radius of a circular ring is changing with time and the coil is placed...

Physics
Q

1 MacroCorp s common stock paid 3 00 in dividends last year and is expected...

Basic Math
Q

Translate the sentence into an inequality. The sum of a number times 8 and 29...

Basic Math
Q

Fill in the blanks to complete the coordinates for each point indicated in the first...

Basic Math
Q

5 Tami goes shopping and sees three kinds of shoes flats 2 in heels and...

Calculus
Q

Financial information for American Eagle is presented in Appendix A. Required: 1. What...

Accounting
Q

On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $41,000 in...

Accounting
Q

How does depreciation affects profit and cash flow? What contributes to financial stability?

Accounting
Q

Refine Assumptions for PPE Forecast Following are the income statement and balance sheet...

Accounting