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AC116 Pr 11-1A and 11-2A - UNIT_5

AC116 Pr 11-1A and 11-2A - UNIT_5 - Problem 11-1A Name Joey...

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Problem 11-1A Name: Joey D. Finley Section: Unit 5 Enter the appropriate amount or account in the shaded cells. An asterisk (*) will appear next to an incorrect amount in the outlined cells. 1. JOURNAL Date Description Debit Credit Jan. 15 Merchandise Inventory ### 220,000 ### ### Accounts Payable ### ### 220,000 ### ### ### ### Feb. 14 Accounts Payable ### 220,000 ### ### Notes Payable ### ### 220,000 ### ### ### ### Apr. 14 Notes Payable ### 220,000 ### ### Interest Expense ### 2,200 ### ### Cash ### ### 222,200 ### ### ### ### June 2 Cash ### 187,500 ### ### Notes Payable ### ### 187,500 ### ### ### ### July 10 Tools ### 187,150 ### ### Interest Expense ### 2,850 ### ### Notes Payable ### ### 190,000 ### ### ### ### Aug. 1 Notes Payable ### 187,500 ### ### Interest Expense ### 2,500 ### ### Notes Payable ### ### 187,500 ### Cash ### ### 2,500 ### ### ### ### Sept. 30 Notes Payable ### 187,500 ### ### Interest Expense ### 3,125 ### ### Cash ### ### 190,625 ### ### ### ### Oct. 8 Notes Payable ### 190,000 ### ### Cash ### ### 190,000 ### ### ### ### Dec. 1 Office Equipment ### 120,000 ### ### Notes Payable ### ### 100,000 ### Cash ### ### 20,000 ### ### ### ### 5 Litigation Loss ### 76,000 ### ### Litigation Claims Payable ### ### 76,000 ### ### ### ### 31 Notes Payable ### 10,000 ### ### Interest Expense ### 50 ### ### Cash ### ### 10,050 ### ### ### ### 2. ### ### ###
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a. Product Warranty Expense ### 16,400 ### ### Product Warranty Payable ### ### 16,400 ### ### ### ### b. Interest Expense ### 450 ### ### Interest Payable ### ### 450 ###
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Problem 11-2A Name: Joey D. Finley Section: Unit 5 Enter the appropriate amount or account in the shaded cells. An asterisk (*) will appear next to an incorrect amount in the outlined cells.
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