Let understand that "journal" means a <em>detailed account </em>used to records all the financial transactions of a business.
- The journal have a debit and credit.
Here, a "general journal account" will be employed to contain the list of information from McCall Real Estate Agency.
Journal Entry
Date Account titles Debit Credit
Oct 01 Cash $33,380
Common Stock $33,380
Oct 02 No Entry $0
No Entry $0
Oct 03 Furniture $4,060
Account Payable $4,060
Oct 06 Accounts receivable $10,630
To Service revenue $10,630
Oct 10 Cash $240
To Service revenue $240
Oct 27 Account Payable $680
To Cash $680
Oct 30 Salary expense $3,110
To Cash $3,110
<em>See similar answer here</em>
<em>brainly.com/question/17585151</em>
Answer:
D
Explanation:
thia will help her build credit
Answer:
The balancing figure = $28,350
Explanation:
The question is to prepare the trial balance for Crane Company for June 30, 2022
A trial balance represents a statement that contains all the debit and credit balances from the account book of an organisation. It is used to show the arithmetic accuracy of the books of account.
<u>CRANE COMPANY'S TRIAL BALANCE AT JUNE 30, 2022</u>
Accounts Title Debit ($) Credit ($)
Accounts Payable 2000
Accounts Receivable 2,680
Cash 5,810
Common Stock 17,410
Dividends 1,590
Equipment 13,340
Rent expenses 1,320
Salaries and Wages 3,610
<u>Service Revenue 8,940</u>
<u> </u><u> 28,350 28,350</u>
<span>Spending more on investments in hopes of high returns will increase long term savings and decrease short term spending thus affecting the economy by affecting the law of supply and demand. The demand side of the equation would be affected as more money is put into or spent on savings.</span>