A company had the following transactions: 1. Paid $210 for office supplies using a debit card. 2. Purchased office equipment costing $630 using a credit card. 3. Paid this month's utilities bill of $470 by issuing a check. Required: Record each transaction. (If no entry is required for a transaction/event, select "No Journal En field.) View transaction list Journal entry worksheet < 1 2 3 Record purchase of office equipment costing $630 using a credit card. Note: Enter debits before credits. Transaction General Journal Debit Credit 2
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Prepare a journal entry for the purchase of office equipment on February 19 for $31,700, paying $7,600 cash and the remainder on account. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.
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Horngren’s Cost Accounting
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Principles of Accounting Volume 1: Financial Accounting
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