Quiz_2_with_solutions_to_post

Quiz_2_with_solutions_to_post - Quiz 2 Prepare journal...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Name (please print):_____________________________________ Section: _______________ By signing this document, I am certifying that I have not heard about the contents of this quiz from any other student enrolled in BUS 208. In addition, I am certifying that I am not going to discuss the contents of this quiz with any other student who has not taken this quiz. In addition, I understand that providing or receiving information about the quiz is a breach of academic honesty and can result in a zero for this quiz, an F for the course, or an X for the course. Signature: ________________________________
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Quiz 2 Prepare journal entries for each of the transactions presented below for Excellent Consulting. a. Purchased supplies on account, $1,230. Supplies dr 1,230 A/P cr 1,230 b. Paid office salaries, $13,245. Salaries expense dr. 13,245 Cash cr. 13,245 c. Purchased office equipment with cash, $2,730. Equipment dr. 2,730 Cash cr. 2,730 d. The owner of the business transferred cash from a personal account to an account to be used for the business, $1,950. Cash dr. 1,950 Owner, capital cr 1,950 e. Paid creditor on account, $800. Accounts Payable dr. 800 Cash cr. 800...
View Full Document

This note was uploaded on 02/07/2011 for the course BUS 209 taught by Professor Z.gougoumanova during the Spring '11 term at American University in Bulgaria.

Page1 / 2

Quiz_2_with_solutions_to_post - Quiz 2 Prepare journal...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online