90.2K

Verified Solution

Link Copied!

need help filling out general journal entries #1-34

15. June 21: Billed various miscellaneous local customers $4,000.00 for consulting services performed. 16. June 22: Check \# 5009 was used to pay salaries of $860.00 to equipment operators for the week ending June 18. Ignore payroll taxes. 17. June 22: Received a bill for $1.240.00 from Computer Parts and Repair Co. for renairs to 18. June 22: Check \# 5010 was used to pav the advertising bill that was received on June 17. 19. June 23: Purchased office supplies for $505.00 from Staples on account. The invoice 20. June 23: Cash in the amount of $3.205.00 was received on billings. 21. June 28: Billed $6.015.00 to miscellaneous customers for services performed to June 25 . 22. June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co with Check \# 5011. 23. June 29: Cash in the amount of $5.699.00 was received for billings. 24. June 29: Check \# 5012 was used to pay salaries of $860.00 to equipment operators for the week ending June 25. Ignore payroll taxes. 25. June 30: Received a bill for the amount of $965.00 from O \& G Oil and Gas Co. The invoice number was 784537 . 26. June 30: Check \# 5013 was used to Day for airline tickets of $2.200.00 to send the kids to Adiusting Entries - Round to two decimal places. 27. The rent navment made on June 17 was for June. Julv. August and Sentember. Exnense the, 28. A physical iuventory showed that only $202.00 worth of office supplies remained on hand as 29. The annual interest rate on the mortgage navable was 8.75 percent. Interest expense for 30. Record a iournal entry to reflect that one half month's insurance has expired. 31. A review of Byte's iob worksheets show that there are unbilled revenues in the amount of \begin{tabular}{l|l|l|l|l} Instructions & FAQ & Welcome & Transactions Chart of Accounts Genera \end{tabular} 27. The rent pavment made on June 17 was for June. Julv. August and September. Expense the 28. A physical inventory showed that only $202.00 worth of office supolies remained on hand as 29. The annual interest rate on the mortgage pavable was 8.75 percent. Interest expense for 30. Record a iournal entry to reflect that one half month's insurance has expired. 31. A review of Bvte's iob worksheets show that there are unbilled revenues in the amount of The fixed assets have estimated useful lives as follows: Building - 31.5 vears Computer Equipment - 5.0 years 32. Office Equipment - 7.0 vears Use the straight-line method of depreciation. Management has decided that assets 33. A review of the pavroll records show that unpaid salaries in the amount of S516.00 are owed The note payable to Royce Computers (transactions 04 and 07 ) is a five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed based on a 3 n dav vaar [IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 34. was $128.000.00. On June 10. eight davs later. $24.500.00 was redaid. Interest exnense calculated on the $128,000.00 for eight days. In addition, interest expense on the $103,500.00 balance of the loan ($128,000.00 less $24,500.00=$103,500.00) must be calculated for the 20 days remaining in the month of June.] A Byte of Accounting General Journal Note: You can only enter data into the yellow filled cells. A Byte of Accounting General Journal lote: You can only enter data into the yellow filled cells. A Byte of Accounting General Journal lote: You can only enter data into the yellow filled cells. A Byte of Accounting General Journal Note: You can only enter data into the yellow filled cells. A Byte of Accounting General Journal Note: You can only enter data into the yellow filled cells. 15. June 21: Billed various miscellaneous local customers $4,000.00 for consulting services performed. 16. June 22: Check \# 5009 was used to pay salaries of $860.00 to equipment operators for the week ending June 18. Ignore payroll taxes. 17. June 22: Received a bill for $1.240.00 from Computer Parts and Repair Co. for renairs to 18. June 22: Check \# 5010 was used to pav the advertising bill that was received on June 17. 19. June 23: Purchased office supplies for $505.00 from Staples on account. The invoice 20. June 23: Cash in the amount of $3.205.00 was received on billings. 21. June 28: Billed $6.015.00 to miscellaneous customers for services performed to June 25 . 22. June 29: Paid the bill received on June 22, from Computer Parts and Repairs Co with Check \# 5011. 23. June 29: Cash in the amount of $5.699.00 was received for billings. 24. June 29: Check \# 5012 was used to pay salaries of $860.00 to equipment operators for the week ending June 25. Ignore payroll taxes. 25. June 30: Received a bill for the amount of $965.00 from O \& G Oil and Gas Co. The invoice number was 784537 . 26. June 30: Check \# 5013 was used to Day for airline tickets of $2.200.00 to send the kids to Adiusting Entries - Round to two decimal places. 27. The rent navment made on June 17 was for June. Julv. August and Sentember. Exnense the, 28. A physical iuventory showed that only $202.00 worth of office supplies remained on hand as 29. The annual interest rate on the mortgage navable was 8.75 percent. Interest expense for 30. Record a iournal entry to reflect that one half month's insurance has expired. 31. A review of Byte's iob worksheets show that there are unbilled revenues in the amount of \begin{tabular}{l|l|l|l|l} Instructions & FAQ & Welcome & Transactions Chart of Accounts Genera \end{tabular} 27. The rent pavment made on June 17 was for June. Julv. August and September. Expense the 28. A physical inventory showed that only $202.00 worth of office supolies remained on hand as 29. The annual interest rate on the mortgage pavable was 8.75 percent. Interest expense for 30. Record a iournal entry to reflect that one half month's insurance has expired. 31. A review of Bvte's iob worksheets show that there are unbilled revenues in the amount of The fixed assets have estimated useful lives as follows: Building - 31.5 vears Computer Equipment - 5.0 years 32. Office Equipment - 7.0 vears Use the straight-line method of depreciation. Management has decided that assets 33. A review of the pavroll records show that unpaid salaries in the amount of S516.00 are owed The note payable to Royce Computers (transactions 04 and 07 ) is a five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed based on a 3 n dav vaar [IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 34. was $128.000.00. On June 10. eight davs later. $24.500.00 was redaid. Interest exnense calculated on the $128,000.00 for eight days. In addition, interest expense on the $103,500.00 balance of the loan ($128,000.00 less $24,500.00=$103,500.00) must be calculated for the 20 days remaining in the month of June.] A Byte of Accounting General Journal Note: You can only enter data into the yellow filled cells. A Byte of Accounting General Journal lote: You can only enter data into the yellow filled cells. A Byte of Accounting General Journal lote: You can only enter data into the yellow filled cells. A Byte of Accounting General Journal Note: You can only enter data into the yellow filled cells. A Byte of Accounting General Journal Note: You can only enter data into the yellow filled cells

Answer & Explanation Solved by verified expert

See Answer