E2-10 Analyzing Accounting Equation Effects, Recording Journal Entries, and Summarizing Financial Statement Impact [LO 2-2, LO 2-3, LO 2-4] Rawlco Communications operates 15 radio stations. The following events occurred during September. a. Placed an order for office supplies costing $1,600. Supplier intends to deliver later in the month. b. Purchased equipment that cost $21,000; paid $6,000 cash and signed a promissory note to pay $15,000 in one month. c. Negotiated and signed a one-year bank loan, and then deposited $5,000 cash in the company's checking account. d. Hired a new finance manager on the last day of the month. e. Received an investment of $9,000 cash from the company's owners in exchange for issuing common shares. f Supplies [ordered in (a)] were received, along with a bill for $1,600. 2-10 Part 2 Prepare journal entries to record each transaction. (If no entry is required for a transaction/event, select "No Journal Entry

Could I see the journal entries please?

Define closing entries

True or false? In a manual system, it is proper to splits journal entry at the bottom page.

Select the best answer for the question 13. The process of transferring the information contained in the journal to the ledger is called A. cross-referencing OB. balancing the accounts OC. cross-adding D. posting. Mark for review (Will be highlighted on the review page) << Previous Question Next Quesmon

What is the purpose of posting J.F numbers that are entered in the journal at the time entries are posted to the accounts.

Journalise any 6 transactions of your choice with imaginary  names / transactions / omr

Please give the Rectified entries

show journal entry (for part b) assuming estimate is considered to be accurate. and show a journal entry (from part b) assuming the amount is large enough to intentionally impact decision of users.