TD
,
Wednesday, 18th of August 2010 12:19:20 PM
1)
Owner took furniture & office equipment from home business to new
warehouse.
Purchased at a cost of $25,000.
l assumed that you
would DR Office Equipment $25,000 but do you CR Capital?
2)
Joined: Friday, 18th of June 2010, 20:23:07
/>Utility Expense for month of general journal but not due until next
Posts: 1703
month.
So, l - DR Utility Expenseand then CRAccounts Payable
Is
Viewed 13128 times
that correct?
3)
Owner paid his house property taxes out of
business.
Since you can not pay personal from business, l assumed
that you would
DR Drawings and CR Cash
Is that right?
/>Thanks for any help.Been a while since I've been in school and no one
seems to ever be in the chat room for the course to talk.
1) home
business moved to warehouse