Home / Expert Answers / Accounting / journalize-the-following-selected-transactions-for-january-explanations-may-be-omitted-a-on-jan-pa782

(Solved): Journalize the following selected transactions for January. Explanations may be omitted. a. On Jan ...



Journalize the following selected transactions for January. Explanations may be omitted.
a. On January 1 , received cash fromd. On January 4, paid advertising expense, \( \$ 700 \).
e. On January 5, received cash from customers on account, \( \$ 2,50g. On January 7 ,received telephone bill, \( \$ 900 \).
Page \( 2 \mid 3 \)
h. On January 8, paid telephone bill, \( \$ 900 \

Journalize the following selected transactions for January. Explanations may be omitted. a. On January 1 , received cash from the sale of common stock, \( \$ 14,000 \). b. On January 2, received cash for providing accounting services, \( \$ 9,500 \). c. On January 3 , billed customers on account for providing services, \( \$ 4,200 \). d. On January 4, paid advertising expense, \( \$ 700 \). e. On January 5, received cash from customers on account, \( \$ 2,500 \). f. On January 6, paid dividends, \$1,010. g. On January 7 , received telephone bill, \( \$ 900 . \) \( P \) age \( 2 \mid 3 \) g. On January 7 ,received telephone bill, \( \$ 900 \). Page \( 2 \mid 3 \) h. On January 8, paid telephone bill, \( \$ 900 \).


We have an Answer from Expert

View Expert Answer

Expert Answer


Ans- Journal entries January 1 Cash Dr 14000 To Common Stock 14000 (Being common stock sold) Jan 2 Cash Dr 9500
We have an Answer from Expert

Buy This Answer $2

Place Order

We Provide Services Across The Globe