Question: Thunder Graphics Desktop Publishing had the following transactions. A partial list of the accounts used to record and report business transactions appear below. Instructions On
Thunder Graphics Desktop Publishing had the following transactions. A partial list of the accounts used to record and report business transactions appear below.

Instructions
On the forms provided in your working papers:
1. Prepare a T account for each account listed above.
2. Analyze and record each of the following business transactions in the appropriate T accounts. Identify each transaction by number.
3. After recording all transactions, compute and record the account balance and identify the normal side of each T account.
4. Add the balances of those accounts with normal debit balances.
5. Add the balances of those accounts with normal credit balances.

101 Cash in Bank 110 Accounts Receivable- Roger McFall 125 Office Equipment 130 Office Furniture 135 Computer Equipment 201 Accounts Payable- Computer Warehouse, Inc. 205 Accounts Payable- Pro Computer Company Pamela Wong, Capital 301
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Heres a summary of the transactions and the corresponding journal entries Pamela Wong invested 30000 ... View full answer
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