Cy loans Mookie The Beagle™ Concierge $2,000 at 6% annual interest. Record the transaction as a loan payable as follows. Complete a Deposit. Select Create (+) icon > Bank Deposit Select Account: Checking Select Date: 01/12/2022 In Add Funds to This Deposit section, select Account: + Add New > Loan Payable > Account Type: Other Current Liabilities > Detail Type: Loan Payable > Name: Loan Payable, then select Save and close Select Payment Method: Check Enter Ref No.: 5002 Enter Amount: 2000.00 Select Save and close What is the Amount of the Loan Payable? (Answer this question in the table shown below. Round your answer 2 decimal places.) View the Transaction Journal for the Deposit. From the Navigation Bar, select Accounting From the Chart of Accounts, select Loan Payable > View Register From the Register, select the transaction just recorded > Edit From the bottom of the Loan Payable transaction, select More > Transaction Journal What are the Account and Amount Debited? (Answer this question in the table shown below. Round your answer 2 decimal places.) What are the Account and Amount
Cy loans Mookie The Beagle™ Concierge $2,000 at 6% annual interest. Record the transaction as a loan payable as follows. Complete a Deposit. Select Create (+) icon > Bank Deposit Select Account: Checking Select Date: 01/12/2022 In Add Funds to This Deposit section, select Account: + Add New > Loan Payable > Account Type: Other Current Liabilities > Detail Type: Loan Payable > Name: Loan Payable, then select Save and close Select Payment Method: Check Enter Ref No.: 5002 Enter Amount: 2000.00 Select Save and close What is the Amount of the Loan Payable? (Answer this question in the table shown below. Round your answer 2 decimal places.) View the Transaction Journal for the Deposit. From the Navigation Bar, select Accounting From the Chart of Accounts, select Loan Payable > View Register From the Register, select the transaction just recorded > Edit From the bottom of the Loan Payable transaction, select More > Transaction Journal What are the Account and Amount Debited? (Answer this question in the table shown below. Round your answer 2 decimal places.) What are the Account and Amount
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter22: Master Budget (master)
Section: Chapter Questions
Problem 2R: Open the file MASTER from the website for this book at cengagebrain.com. Enter all the formulas...
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Cy loans Mookie The Beagle™ Concierge $2,000 at 6% annual interest. Record the transaction as a loan payable as follows.
- Complete a Deposit.
- Select Create (+) icon > Bank Deposit
- Select Account: Checking
- Select Date: 01/12/2022
- In Add Funds to This Deposit section, select Account: + Add New > Loan Payable > Account Type: Other Current Liabilities > Detail Type: Loan Payable > Name: Loan Payable, then select Save and close
- Select Payment Method: Check
- Enter Ref No.: 5002
- Enter Amount: 2000.00
- Select Save and close
- What is the Amount of the Loan Payable? (Answer this question in the table shown below. Round your answer 2 decimal places.)
- View the Transaction Journal for the Deposit.
- From the Navigation Bar, select Accounting
- From the Chart of Accounts, select Loan Payable > View Register
- From the Register, select the transaction just recorded > Edit
- From the bottom of the Loan Payable transaction, select More > Transaction Journal
- What are the Account and Amount Debited? (Answer this question in the table shown below. Round your answer 2 decimal places.)
- What are the Account and Amount Credited? (Answer this question in the table shown below. Round your answer 2 decimal places.)
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