2- Brian Hans opened a consulting company, and the following transactions resulted for the month...
60.1K
Verified Solution
Link Copied!
Question
Accounting
2- Brian Hans opened a consulting company, and the following transactions resulted for the month of September: Sept 1 Brian invested $40,000 in the consulting agency. Sept 2 Bought office equipment on account, $7,000. Sept 3 Agency received cash for consulting work that it completed for a client, $2,000. Sept 4 Brian paid a personal bill from the company check book, $150. Sept 5 Paid advertising expense for the month, $300. Sept 10. Paid $1,100 as partial payment of what was owed on account for equipment purchased. Journalise the above transactions and give proper explanation for each entry. Q-3- Define Trial Balance and discuss errors that disclosed and not disclosed by trial balance. Q-4- Record the following transactions
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.