Cash-accounts receivable-supplies


Problem:

Accounts given: (a) cash (b) accounts receivable (c) supplies (d)equipment (e) accounts payable (f) note payable (g) capital (h) withdrawals (i) service revenue (j)utilities expense (k) salary expense.

transactions given:

(A) purchased equipment for cash.

(B) performed services for cash.

(c) owner invests cash into business.

(d) purchased equipmernt by issuing a note payable

(e) purchased supplies for cash

(f) purchased supplies on account

(g) performed services on account

(h) received cash on account

(i) paid a creditor on account

(j) paid salary of employess for the current period

Solution Preview :

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Finance Basics: Cash-accounts receivable-supplies
Reference No:- TGS02042057

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