Online Degree Accounting

I need help with my accounting homework I have trouble posting in the ledger accounts receivable? I trouble with it what I post on this account An accounts receivable ledger provides details of accounts receivable in the general general ledger. Consider the following transaction. dr. Accounts Receivable – Henry Jones. 500 cr. Sales. 500 You [...]

Help on home work on the accounting requirements? On January 1, Thompson Company issued $ 2,000,000, 14%, year 5 obligations with interest payable on December 31. The bonds sold for $ 2,144,192. The interest rate market for these bonds was 12%. At the time of first interest, using the effective interest method, the debit entry [...]