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majestico majestico
wrote...
Posts: 1455
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6 years ago
Post the following transactions to the ledger of Jason Company. The partial chart of accounts of Jason Company is as follows:
100 Cash
120 Equipment
210 Accounts Payable
300 Jason, Capital

   GENERAL JOURNAL      Page 1
Date      Acct. Titles and Description   PR   Debit   Credit
April   1   Cash      20,000   
        Jason, Capital         20,000
          Cash investment         
               
April   5   Equipment      4,000   
        Cash         1,000
          Accounts Payable         3,000
            Purchased equipment         

   Cash   Account 100
Date      Explanation   PR   Debit   Credit   Debit
Balance   Credit Balance
                     
                     

   Equipment   Account 120
Date      Explanation   PR   Debit   Credit   Debit
Balance   Credit Balance
                     
                     

   Accounts Payable   Account 210
Date      Explanation   PR   Debit   Credit   Debit
Balance   Credit Balance
                     
                     

   Jason, Capital   Account 300
Date      Explanation   PR   Debit   Credit   Debit
Balance   Credit Balance
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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6 years ago
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