The accounts of Overnite Delivery Service are presented below. Accounts Receivable .......................................................... Cash Accounts Payable ............................................................... Insurance

Question:

The accounts of Overnite Delivery Service are presented below.
Accounts Receivable .......................................................... Cash
Accounts Payable ............................................................... Insurance Expense
Service Revenue ................................................................. Salaries and Wages Payable
Equipment ........................................................................... Owner’s Drawings
Advertising Expense ........................................................... Owner’s Capital
Utilities Expense .................................................................. Salaries and Wages Expense
Notes Payable


Instructions
Prepare a chart of accounts with the accounts arranged as illustrated in the chapter. Do not include account numbers.

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College Accounting

ISBN: 1986

1st Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell

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