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A B C D E F G H 1 Chapter 2, Question 5 2 3 Spreadsheet hint: If a shaded cell has no entry,
A B C D E F G H 1 Chapter 2, Question 5 2 3 Spreadsheet hint: If a shaded cell has no entry, leave it blank. 4 5 a. Kassi invested $600,000 cash in the caf. 6 7 Cash 8 9 600,000 10 11 Owners' Equity b. Kassi purchased a $3,500 in food, all of which is to be paid 12 next month (accounts payable). 13 14 Food Inventory 15 16 3,500 17 18 Accounts Payable 19 c. Kassi generated $10,000 in revenue, all received in cash. 20 Cash Revenue 21 22 23 10,000 24 25 d. Kassi paid her employees $3,600 this month with payroll 26 checks (cash account). 27 28 29 30 31 222225 Cash Salaries and Wages 3,600
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