Examlex
Journalize and post basic transactions
Geller Landscaping was organized on April 5 when the corporation issued 20,000 shares of capital stock to Larry Geller in exchange for $60,000 cash.
* On April 8,the business acquired gardening equipment by paying cash of $26,000 and signing a $20,000 note payable,due in four monthly installments of $5,000 each,beginning on April 15.
* On April 15,Larry Geller made the first payment on the note payable by writing a check from the business bank account.
Instructions: Journalize these three transactions and post to the ledger accounts.
Ventricles
The two lower chambers of the heart that receive blood from the atria and pump it into the arteries.
Fluid Retention
The accumulation of excess fluid in the body's tissues, causing swelling commonly known as edema.
Swelling
The enlargement of a body part due to the accumulation of fluid in tissues, often as a response to injury or inflammation.
Aorta
The largest artery in the body, transporting oxygen-rich blood from the left ventricle of the heart to various parts of the body.
Q9: Powers Company wishes to issue $2,000,000 of
Q12: In a trial balance prepared at January
Q34: Mutual agency refers to the ability of
Q38: The present value of a cash amount:<br>A)Is
Q41: The entry to close Salaries Expense account
Q59: The realization principle indicates that revenue usually
Q105: Net Sales is computed as total sales
Q110: An adjusting entry involving recognition of accrued
Q114: The statement of cash flows provides a
Q141: Computation of assets,liabilities,and owners' equity after a