Term
| Loopers & Cybrand Accountants purchase office supplies on account from Quick's Supply for $50. What is the journal entry for Loopers & Cybrand Accountants to record this transaction? |
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Definition
| Debit Office Supplies, $50; Credit Accounts Payable/Quick's Supply, $50. |
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Term
| Gill's Grills purchased store supplies on account from Sellers Warehouse for $829. What is the journal entry for Gill's Grills to record this transaction? |
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Definition
| Debit Supplies, $829; Credit Accounts Payable/Sellers Warehouse, $829. |
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Term
| Wally's Watches returned merchandise that was purchased on account to Timer's Distributing, $400. What is the journal entry for Wally's Watches to record this transaction? |
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Definition
| Debit Accounts Payable/Timer's Distributing, $400; Credit Purchases Returns and Allowances, $400. |
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Term
| The Jungle Gym returned merchandise that was purchased on account to Footware Wholesale, $600. What is the journal entry for The Jungle Gym to record this transaction? |
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Definition
| Debit Accounts Payable/Footware Wholesale, $600; Credit Purchases Returns and Allowances, $600. |
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Term
| Tiny's Toys returned merchandise that was purchased on account to Jonah's Distributing, $150. What is the journal entry for Tiny's Toys to record this transaction? |
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Definition
| Debit Accounts Payable/Jonah's Distributing, $150; Credit Purchases Returns and Allowances, $150. |
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Term
| Dipper's Ice Cream Parlor returned merchandise that was purchased on account to The Ice Cream Company, $600. What is the journal entry for Dipper's Ice Cream Parlor to record this transaction? |
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Definition
| Debit Accounts Payable/The Ice Cream Company, $600; Credit Purchases Returns and Allowances, $600. |
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Term
| Aquisha's Bookkeeping paid cash for the telephone bill, $134. What is the journal entry to record this transaction? |
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Definition
| Debit Telephone Expense, $134; credit Cash, $134. |
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Term
| Fred's Furniture Store paid cash for advertising, $375. What is the journal entry to record this transaction? |
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Definition
| Debit Advertising Expense, $375; credit Cash, $375. |
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Term
| Taco Home paid cash for advertising, $400. What is the journal entry to record this transaction? |
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Definition
| Debit Advertising Expense, $400; credit Cash, $400. |
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Term
| Christina's Curtains paid cash for the telephone bill, $110. What is the journal entry to record this transaction? |
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Definition
| Debit Telephone Expense, $110; credit Cash, $110. |
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Term
| Marvin's Motorcycles paid $125 cash for supplies from Stewart's Supplies. What is the journal entry for Marvin's Motorcycles to record this transaction? |
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Definition
| Debit Supplies, $125; credit Cash, $125. |
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Term
| Classic Cars, Inc. paid $500 cash for supplies from Wendy's Supplies. What is the journal entry for Classic Cars, Inc. to record this transaction? |
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Definition
| Debit Supplies, $500; credit Cash, $500. |
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Term
| Free Time Fishing paid $600 cash for supplies from Go Office Supply. What is the journal entry for Free Time Fishing to record this transaction? |
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Definition
| Debit Supplies, $600; credit Cash, $600. |
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Term
| Digital Electronics paid $189 cash for supplies from We Deliver Supplies. What is the journal entry for Digital Electronics to record this transaction? |
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Definition
| Debit Supplies, $189; credit Cash, $189. |
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Term
| Betty's Boutique purchased merchandise for cash from Jackson Supply for $700. What is the journal entry for Betty's Boutique to record this transaction? |
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Definition
| Debit Purchases, $700; credit Cash, $700. |
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