=+Cycle Tours Co. is a travel agency. The nine transactions recorded by Cycle Tours during February 2010,

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=+Cycle Tours Co. is a travel agency. The nine transactions recorded by Cycle Tours during February 2010, its first month of operations, are indicated in the following T accounts:

EX 2-4 Identifying transactions objs. 1, 2 Cash

(1) 25,000 (2) 1,750

(7) 10,000 (3) 3,600

(4) 2,700

(6) 7,500

(9) 2,500

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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