A company experienced the following financial events on Sept. 29, Year 1. How many of these economic events would require a journal entry on that day?
|Click Here to View All Topic 3 Problems at Once||View|
|2||Journal Entry - Inventory||Easy|
|3||Journal Entry - Sales||Easy|
|4||Land Purchased With Cash||Easy|
|5||T/F: Liabilities and Equity||Easy|
|6||T/F: T-Account Logic||Easy|
|8||The Effect of Journal Entries||Moderate|
What Should Be Journaled
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|2||Debits and Credits||6:49|
|3||Determining Normal Balances For Assets & Liabilities||10:04|
|4||Determining Normal Balance for Shareholder's Equity||11:53|
|5||Normal Balance Shortcut: Double Entry||11:51|
|6||Normal Balance Shortcut: DEAD Mnemonic||2:36|
|7||The Journal, Ledger, Trial Balance||14:00|