For each source information shown below, prepare the appropriate journal entry. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.) a. purchase order dated october 13 for massage chairs costing $835 and oil supplies costing $310. b. remittance advice from customer for $107, received october 17. c. receiving report indicating october 22 receipt of october 13 order. also received supplier invoice totaling $1,145 d. ngs check for payment in full of october 13 order.

Which of the following statements is true regarding the definition of a fund? a fund is a fiscal entity which is designed to provide reporting that demonstrates conformance with finance-related legal and contractual provisions separately from gaap reporting. a fund exists to assist in carrying on activities and attaining objectives where there are no specific rules or restrictions. a fund is an accounting entity which is designed to enable reporting in conformity with gaap without being restricted by legal or contractual provisions. a fund is a mechanism developed to provide accounting for revenues and expenditures that are subject to certain restrictions separate from revenues and expenditures that are not subject to restrictions.

Principals are an administration career

Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.