ACC 225
Axia College of University of Phoenix (UoP)
Financial Accounting
Larson, K. D., Wild, J. J., & Chiappetta B. (2005). Fundamental accounting principles (17th ed.)
ACC 225 Solution
Help in ACC 225
Quick Study Questions 2-6 (QS 2-6) Prepare journal entries for each of the following selected transactions:
a. On January 13, Chico Chavez opens a landscaping business called Showcase Yards by investing $70,000 cash along with equipment having a $30,000 value.
b. On January 21, Showcase Yards purchases office supplies on credit for $280.
c. On January 29, Showcase Yards receives $7,800 cash for performing landscaping services.
d. On January 30, Showcase Yards receives $1,000 cash in advance of providing landscaping services to a customer.
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