1 Approved Answer

1 Approved Answer Parvez A answered on January 22, 2021 5 Ratings, (9 Votes)   Journal Entries       Date Accounting titles & explanations Debit Credit             9-Jan Equipment   9,000     Note payable     9,000             29-Jan Account receivable   50880     Cash (67,840*1/4) 16960     Sales       64,000   sales tax payable     3,840             6-Feb Sales tax liability   3,840     cash       3,840             9-Jul Notes payable   9,000     interest expense(9000*6%*6/12) 270     Cash       9,270             31-Aug Merchandise inventory 12,000     notes payable     12,000             31-Dec Warranty Expense   12060     Warranty liability     12,060   (603000*2%)                   31-Dec interest expense   360     interest payable     360   (12,000*9%*4/12)                   2014           28-Feb Notes payable   12,000     interest payable   360     interest expense(12000*9%*2/12) 180     cash       12,540 谢谢亲的回惠顾，期待您的下次光临！ 添加客服微信:bbwxnly，购买沟通交流so easy Coursehero｜Scribd｜Studymode｜Oneclass｜Chegg｜Studyblue｜Termpaperwarehouse｜SolutionInn｜Bartleby 谢谢亲的支持，祝您学习愉快:)