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10 Requirement 1. Pof the maleries to the accounts. Use the dates sporting rerences in the accounts We will post to the accounts one tangaction
10 Requirement 1. Pof the maleries to the accounts. Use the dates sporting rerences in the accounts We will post to the accounts one tangaction at a time begin by posting the event from the 2nd Received 15000 con from Bob wewe in exchange for capital (We will pronto the account Puut only the transaction from Idy 2 in this shop Cash Accounts Payable Service Revue Receivable Notes Payable es Espa Office Supplies Inice, Capital Equipment Lawrence, Withdrawals ome eworkid=607134585&questionId=5&flushed=false&cid=66522248.centerwin=yes - Graded Question 5, EF2-17 (simil... HW Score: 26.42% Reference Date Accounts and Explanation Debit Credit Jul 2 15,000 15,000 Jul 4 460 460 Jul 5 Cash Lawrence, Capital Owner contribution Utilities Expense Cash Paid cash expenses Equipment Accounts Payable Purchase of equipment on account Accounts Receivable Service Revenue Perfomed services on account Cash Notes Payable 2.400 2.400 Jul 10 3,500 3,500 Jul 12 6,600 6.600 Print Done Reference Jul 10 3,500 Accounts Receivable Service Revenue Performed services on account 3,500 Jul 12 6,600 6,600 Jul. 19 200 200 Cash Notes Payable Borrowed cash by signing note. Lawrence Withdrawals Cash Owner withdrawal Office Supplies Cash Purchase of office supplies with cash Accounts Payable Cash Jul 21 760 760 Jul 27 2.400 2.400 Paid cash on account Print Done se the dates as posting references in the T-accounts. More Info Jul.2 Received $15,000 contribution from Bob Lawrence, owner, in exchange for capital. Jul. 4 Paid utilities expense of $460. Jul. 5 Purchased equipment on account, $2,400. Jul. 10 Performed services for a client on account, $3,500 Jul. 12 Borrowed $6,600 cash, signing a notes payable. Jul. 19 The owner, Bob Lawrence, withdrew $200 cash from the business. Jul. 21 Purchased office supplies for $760 and paid cash. Jul. 27 Paid the liability from July 5. Print Done Homework - Ch 2
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