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100 150 500 100 750 Problem Presented below is the ledger for Shumway Co Cash No. 101 Owner Capital No. 301 101 3.000 104 101
100 150 500 100 750 Problem Presented below is the ledger for Shumway Co Cash No. 101 Owner Capital No. 301 101 3.000 104 101 3,000 10710 750 10/12 1.500 1025 2.000 10/10 40 10/15 10120 500 TO 10 100 Owner's Drawings No. 306 105 2.100 101 10/0 100 Accounts Receivable No. 112 Senice Revente No. 400 10 300 1020 500 100 100 1920 940 10:20 940 Supplies No. 126 Salaries atut Wages Expense No. 726 103 500 Equipment No. 157 Hent Expense 2.00 10/13 Notes Payable No. 200 10/10 2000 Accounts Payable No 201 10/12 1.500 103 2.000 (a) Reproduce the journal entries for the transactions that occurred on October 1, 10, and 20, and provide explanations for each 103
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