jcelder02 jcelder02

04-03-2019
Business

contestada

June Juniper receives an invoice on June 15 for legal fees as a result of starting the business. The invoice is in the amount of $450. The work has been completed, but the invoice has not been paid. Record the journal entries associated with this transaction.

Respuesta :

MrsSeifried MrsSeifried

05-03-2019

The correct answer to this question is a journal entry that will record a debit to Legal Expense for $450 and a credit to Accounts Payable for $450.

This entry records that fact that the business has an expense for legal fees. It is also recording the fact that the company current has a debt that they need to pay.

Answer Link

Otras preguntas

A scientist is examining the function of macromolecules in a cell. She notices that movement of large molecules into and out of the cell is disrupted when she d

Find the slope of the line represented by the data on the picture

Aaron cried when his mother left him in the infant nursery at church, and he was not reassured or comforted by her return a short while later. Aaron showed sign

A network TAP serves what purpose on a network? a. It provides wireless monitoring capabilities, as well as spectrum analysis. b. It provides a mirrored port fo

1. Find the standard form of the equation of the parabola with a focus at (0, -9) and a directrix y = 9. A ) y = negative one divided by ninex2 B ) y2 = -36x C

_____________________ is a method that allows for the independent citizen review of complaints filed against the police through a board or committee that indepe

Mrs. Jenkins has lived in her little 1940s cottage for forty years. Her home is immaculately maintained; it has a beautiful, well-manicured garden, and is just

The charge for a single room at Hotel P is 25 percent less than the charge for a single room at Hotel R and 10 percent less than the charge for a single room at

real life phenomena related to each branch of physics???? plz help!! anyone!!!

6] Which of these best explains how the ocean influences global climate? It heats locations on the equator and poles unequally. It increases the amount of oxyge