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Q: A bank teller deposits the money you earned by mowing lawns what was provided by this transaction?
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How do you journalize and post Lonnie depositing 100 dollars in a checking account in the name of Lonnie' s Mowing?

Where did the cash come from? If it was from a customer: Debit Cash and Credit Sales. If it was from Lonnie, Debit Cash and Credit Loan Payable. If it was from an outstanding invoice, Debit Cash and Credit Accounts Receivable.


How can a ten year old make 1400 dollars in 2 months?

It can be challenging for a 10 year old to make 1400 in two months, but it can be done. Babysitting, mowing lawns and tutoring are all things a 10 year old might be able to do. If you work consistently and have open availability, you can make quite a bit of money.


Do you have to claim income for lawn mowing on your taxes?

Yes, although you can also set up a proprietorship and run it as a business which means you can deduct expenses (equipment, gasoline etc) from that income. If its just incidental income just add it to you income and don't worry about expenses. If its more substantial I would run it as a business, separate checking account, records, expenses etc


Do you need to file an income tax return if you made zero money and are a full-time student?

If you really, really made zero money, then probably not. Unfortunately, when people say this, they often neglect to think of all the ways you can make money. Did you earn interest on a savings account? Did you sell any stocks, even if you sold them at a loss? Did you sell stuff for a profit on ebay? Did you take any money out of a tax-deferred account such as an IRA? Did you make any money baby-sitting or mowing lawns? And don't forget that non-money compensation is also taxable. For example, if you washed dishes in return for a meal, if you sold your cow for a sack of magic beans, if you worked in a coal mine to pay off the debt your grandfather owed the mine owner, if a creditor gave up trying to collect a bad debt from you....


Related questions

A bank teller deposits the money you earned by mowing lawnswhich of these was provided by this transaction?

a servise


How do you use the word earned in a sentence?

Example sentence - I earned money mowing lawns and raking leaves.


Jacob earned 45.75 after mowing 3 lawns how much did he earn per lawn?

15.25


Tyrone saved 24 of the 60 he earned mowing lawns What percentage of his earnings did tyrone save?

He saved 40%.


How much should you ask to be paid for mowing a lawn that is said to take about an hour when the lawn mower is already provided?

$20 - $35 is a fair price to ask for mowing and trimming depending on how much labor is involved.


What put 100 of the money he earned mowing lawns into a savings account write a decimal number that is equivalent to 100?

100% = 1


When was Mowing-Devil created?

Mowing-Devil was created in 1678.


When was Jim's Mowing created?

Jim's Mowing was created in 1982.


My car was hit by a man mowing and it damaged it who is responsible?

If it was hit by a man mowing, Then the man Mowing would be the respnsible party.


What services are generally provided by lawn mowing services?

sod laying, lawn mowing, and seeding. Firms can also serve niche markets such as lawn mulching, cemetery maintenance, garden planting, fertilizing, lawn sprayingsod laying, lawn mowing, and seeding. Firms can also serve niche markets such as lawn mulching, cemetery maintenance, garden planting, fertilizing, lawn spraying


Joey had a summer job mowing lawns for 4 weeks He made a total of 440 Approximately how much did he make each week?

Joey earned $110 per week.


Are riding lawn tractors better for mowing hills?

When it comes to riding mowers, it is best to read the manual that is provided. but i would think that it would not be safe to use a riding mower when mowing a hill do to the chance of it tipping over. to be on the safer side of things a regular lawn mower will e the better choice