1. 2-M MASTERY PROBLEM (LO4, 5), pp. 5354 (STATIC) QUESTION ASSETS Cash Accounts Receivable-Lee Chen Accounts Receivable-Parker McCure Supplies Prepaid Insurance Accounts Payable-West End Supplies Accounts Payable-Sullivan Supplies Sadie Dirks, Capital Sadie Dirks, Drawing Sales Advertising Expense Miscellaneous Expense Rent Expense Repair Expense Utilities Expense Gardens Plus uses the listed accounts. The T accounts have been prepared for you. Analyze each transaction into its debit and credit parts. Enter the debit and credit amounts in the proper T accounts to show how each transaction changes account balances. Enter the date of the transactions before each amount. (Hint: You must enter the transactions in the order in which they are listed.) 1. 2-M MASTERY PROBLEM (LO4,5), pp. 53-54 (STATIC) QUESTION ASSETS Gardens Plus uses the listed accounts. The T accounts have been prepared for you. Analyze each transaction into its debit and credit parts. Enter the debit and credit amounts in the proper T accounts to show how each transaction changes account balances. Enter the date of the transactions before each amount. (Hint: You must enter the transactions in the order in which they are listed.) Accounts Receivable-Lee Chen May Accounts Receivable-Parker McCure Prepaid Insurance May Accounts Payable-West End Supplies Accounts Payable-Sullivan Supplies Sadie Dirks, Capital Sadie Dirks, Drawing Advertising Expense May Miscellaneous Expense Rent Expense May Repair Expense May Utilities Expense 1. 2-M MASTERY PROBLEM (LO4, 5), pp. 5354 (STATIC) QUESTION ASSETS Cash Accounts Receivable-Lee Chen Accounts Receivable-Parker McCure Supplies Prepaid Insurance Accounts Payable-West End Supplies Accounts Payable-Sullivan Supplies Sadie Dirks, Capital Sadie Dirks, Drawing Sales Advertising Expense Miscellaneous Expense Rent Expense Repair Expense Utilities Expense Gardens Plus uses the listed accounts. The T accounts have been prepared for you. Analyze each transaction into its debit and credit parts. Enter the debit and credit amounts in the proper T accounts to show how each transaction changes account balances. Enter the date of the transactions before each amount. (Hint: You must enter the transactions in the order in which they are listed.) 1. 2-M MASTERY PROBLEM (LO4,5), pp. 53-54 (STATIC) QUESTION ASSETS Gardens Plus uses the listed accounts. The T accounts have been prepared for you. Analyze each transaction into its debit and credit parts. Enter the debit and credit amounts in the proper T accounts to show how each transaction changes account balances. Enter the date of the transactions before each amount. (Hint: You must enter the transactions in the order in which they are listed.) Accounts Receivable-Lee Chen May Accounts Receivable-Parker McCure Prepaid Insurance May Accounts Payable-West End Supplies Accounts Payable-Sullivan Supplies Sadie Dirks, Capital Sadie Dirks, Drawing Advertising Expense May Miscellaneous Expense Rent Expense May Repair Expense May Utilities Expense
