Answer to Question #309078 in Accounting for sossy

Question #309078

Ordinary shareowners invested cash $35,000, accounts receivable $10,000 and supplies $15,000 in the Company. write the journal entry for this transaction

Expert's answer

The answer to your question is provided in the image:

Learn more about our help with Assignments: Accounting

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. The following abrideged statement of financial position of kudu CC as at 31 December 2020 2020 2019
2. A firm's product sells for $4 per unit in a highly competitive market. The firm produces output
3. Trial balance of GM as at 31 December 2021 Debit(RM) Credit(RM)Sales 126,500Purchases 99,850Premises
4. What would be the treatment of IFRS 9 on receivables considering a company that core operation is gr
5. on 1st January 2017, Mwanawasa Ltd, had in issue. 800.000 Ordinary shares with a par value of sh 10
6. Consider two bonds, HI and LI. The HI bond has a 10% coupon rate and theLI bond has a 5% coupon rate
7. Prepare the income statement and balance sheet for the year ending December 31, 20X5 for Company X.

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…