As a smaller grocery store, Colfax does not offer the variety of products found in a larger supermarket or chain. However, it records journal entries in a similar way. LO 3.5Journalize each of the following transactions or state no entry required and explain why. LO 3.4Identify the normal balance for each of the following accounts. …
Архивы за месяц:Сентябрь 2022
On this transaction, Cash has a credit of $3,600. This is posted to the Cash T-account on the credit side beneath the January 18 transaction. This is placed on the debit side of the Salaries Expense T-account. Recall that the general tax changes shake up salt deductions ledger is a record of each account and …