Archive for May 15th, 2009
Would The Signing Of A Contract Be Recorded In A Construction Company’s Accounting Journal?
May 15th, 2009 | 
Author: Working on some accounting homework; I’m not sure how to journalize the signing of a contract for an imaginary construction company. Any accounting majors out there who can tell me whether the signing of a $250,000 contract for work set to begin at a future date would be recorded in the general journal? If yes, which accounts are debited and credited? Thanks a bunch.
Posted in BBA Hons | 
Tags: Accounting, Company's, Construction, Contract, Journal, Recorded, Signing, Would | 
2 Comments »
Would The Signing Of A Contract Be Recorded In A Construction Company’s Accounting Journal?
Working on some accounting homework; I’m not sure how to journalize the signing of a contract for an imaginary construction company. Any accounting majors out there who can tell me whether the signing of a $250,000 contract for work set to begin at a future date would be recorded in the general journal? If yes, which accounts are debited and credited? Thanks a bunch.
Posted in BBA Hons |
Tags: Accounting, Company's, Construction, Contract, Journal, Recorded, Signing, Would |
3 Comments »
What Is The Best Way To Study Accounting If You Are Not Good In Math ?
I mean I am not so good in math and in problem-solving. But i have excellent attention to details. I need an advice from someone who had the same problems starting in Accounting but eventually succeeded.