50.1K

Verified Solution

Link Copied!

must use these headings. please answer within the hour thanks!

Below are individual unrelated transactions from Zcom Inc. Record each transaction in the General Journal directly below it. Assume the company is using a perpetual inventory system Enter an appropriate description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (ie. January 15 would be 15/Jan). . hat hente d) On June 5, 2014, Zcom Inc. sold $1,520 of merchandise on credit and the cost of this merchandise was $540, General Journal Account Explanation Dobi Pago Guy + - e) Zcom Inc, established a $235 petty cash fund on June 7, 2014 General Joumal Pago GJI Date Account/Explanation F Dobit Credit 1) On June 9, 2014, an amount of $2,340 was received from a client for previous services General Journal Pago GJI Dato Account/Explanation F Dobi Credit 9) On June 10, 2014, Zcom Inc. had $948 of credit card sales with a 2% fee and cash is received immediately. Assume cost of sales was $357 General Journal Account Explanation Page GT F Dobit Crode Date + Choose an Account or Heading tegories: Accounts and Headings: Accounts Payable sets Accounts Receivable bilities Accumulated Depreciation, Automobiles uity Accumulated Depreciation, Boats quity Accumulated Depreciation, Building evenues Accumulated Depreciation, Equipment xpenses Accumulated Depreciation, Furniture ther Accumulated Depreciation, Land Improvement Accumulated Depreciation, Machinery Accumulated Depreciation, Trucks Advertising Expense Advertising Payable Allowance for Doubtful Accounts Auto Expense Automobiles Bad Debts Expense Bank Service Charge Expense Boats Search: Erase Cancel Choose an Account or Heading ategories: Accounts and Headings: 11 Boats ssets Bonds Payable abilities Building quity Cash Equity Cash Over and Short Revenues Commissions Earned Expenses Consulting Revenue Earned Other Copyright Cost Of Goods Sold Credit Card Expense Delivery Expense Depreciation Expense, Automobiles Depreciation Expense, Boats Depreciation Expense, Building Depreciation Expense, Equipment Depreciation Expense, Furniture Depreciation Expense, Land Improvements Depreciation Expense Machinery Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All Depreciation Expense, Machinery Assets Depreciation Expense, Trucks Liabilities Depreciation expense Equity Dividends Equity Equipment Revenues Food and Drinks Expense Expenses Furniture Other Income Summary Income Taxes Expense Income Taxes Payable Insurance Expense Interest Earned Interest Expense Interest Payable Interest Receivable Investment in Bonds Janitorial Expense Land Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: ANI Land Assets Land Improvements Liabilities Long-Term Notes Payable Equity Long-term Investment in Shares Equity Machinery Revenues Merchandise Inventory Expenses Mortgage Payable Other Notes Receivable Office Salaries Expense Office Supplies Office Supplies Expense Patents 2 Petty Cash Postage Expense Prepaid Advertising Prepaid Insurance Prepaid Interest Prenaid Rent Search: Erase Cancel Choose an Account or Heading ategories: Accounts and Headings: 1 Prepaid Rent ssets Property Taxes Expense abilities Property Taxes Payable quity Rent Earned Equity Rent Expense Revenues Rent Payable Expenses Rent Receivable Other Rent expense, office space Rent expense, selling space Repair Expense Retained Earnings Salaries Expense Salaries Payable Sales Sales Discounts Sales Returns and Allowances Sales Salaries Expense Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All Retained Earnings Assets Salaries Expense Liabilities Salaries Payable Equity Sales Equity Sales Discounts Revenues Sales Returns and Allowances Expenses Sales Salaries Expense Other Share Capital Short-Term Notes Payable Store Supplies Expense Supplies Supplies Expense Trademark Trucks Unearned Consulting Revenue Unearned Rent Unearned Revenue Utilities Expense Search: Erase Cancel

Answer & Explanation Solved by verified expert

See Answer