This Website Has Been Moved to a New Link


Loading

E2-6 Konerko Industries had the following transactions. 1. Borrowed $5,000 from the bank by signing a note.2. Paid $2,500 cash for a computer....

Price: $ 2.99


E2-6 Konerko Industries had the following transactions.

1. Borrowed $5,000 from the bank by signing a note.

2. Paid $2,500 cash for a computer.

3. Purchased $700 of supplies on account.

Instructions


(a) Indicate what accounts are increased and decreased by each transaction.

(b) Journalize each transaction.

No comments:

Post a Comment