Accounts I have to choose from are:

Cash

Accounts Receivable

Inventory

Prepaid Rent

Fixtures and Equipment

Accounts Payable

Interest Payable

Wages Payable

Notes Payable

Paid-in Capital

Retained Earnings

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On March 1 , the three classmates opened a checking account for The Wire at a local bank. They each deposited $24,000 in exchange for shares of stock. A few of their friends also purchased stock for $13,000 that was deposited in The Wire account. [Note: Combine both transactions into one entry.] Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Tries 0/5