Accounts payab S 10.000.00|COGS S 800.00 $11000.00 $ 200 Furniture $ 15,000.00 dd $15,000.00 s/d Accumulated depreciation 100.00 Depreciation $ 100.00 Accounts payable $ 8,000.00 Inventory $15.000.00 $10,000.00 Bank Loan $ 40,000.00 Cash $60,000.00 Wage payable $ 1.200.00 Wage Expenses S 1.200.00 $ 55.000.00 Prepaid Insuran $ interest Expenses 200.00 c/d $ 200.00 Wage payable Wage Expenses $ 1.200.00 d $ 20000 Depreciation 300,00 d Accumulated de $ 10:17 5 2.400.00 restepenses Answer 1 of 1 Cash $15,000.00 cld $15,000.00 od Accumulated depreciation 100.00 Depreciation Accounts payable $ 8,000.00 Inventory $10,000.00 /d S40,000.00 Cash $40.000 /d 1.200.00 wage Expenses $ 1.200.00 $ 55,000.00 Cash interest Expenses 200.00 d Prepaid insuran $ Wage Expenses $ 1.200.00 wage payable Accumulated de $ 100,00 d Inventory $ 5.000.00 od 3.000.00 Cash $ 2.000.00 Accounts Receivable $ 6,000.00 (71600-6000-1300 0-2200-1500-100) $1.07,700.00 1000040000 12001 $ 51,200.00 OWNERS EQUITY 55000 $ 55,000.00 REVENUE 8000 $ .000.00 EXPENSES 200-1200-100-5000 $ .500.00 ANSWER IS SOLVED AS PER GIVEN 10:17 5 2.400.00 trest Expenses S 200.00 Answer 1 of 1 Cash $15,000.00 d $15.000.00 ed Acumulated depreciation 100.00 Depreciation $ $ 8.000,00 nventory $18.000.00 $10.000.00 jd 540,000.00 Cash $40,000 1$ 1.200.00 Wage Expenses $ 1.200 $ 55,000.00 Cash solusy s#slut signal interest Expenses 200.00 d Prepaid insra $ Wage payable $ 1.200.00 d Accumulated de $ 100.00 Inventory $ 5.000.00 ed S 3.000.00 Cash $ 2.000.00 Accounts Receivable $ 6.000.00 71600-6000-1300 0-2200-1500-100) ASSET $1,07,200.00 10000 40000 12001 $ 51.200.00 OWNERS EQUITY 55000 $ 55,000.00 REVENUE 8000 $ .000.00 200-1200 300.000 $ 500.00 ANSWER IS SOLVED AS PER GIVEN Accounts payab S 10.000.00|COGS S 800.00 $11000.00 $ 200 Furniture $ 15,000.00 dd $15,000.00 s/d Accumulated depreciation 100.00 Depreciation $ 100.00 Accounts payable $ 8,000.00 Inventory $15.000.00 $10,000.00 Bank Loan $ 40,000.00 Cash $60,000.00 Wage payable $ 1.200.00 Wage Expenses S 1.200.00 $ 55.000.00 Prepaid Insuran $ interest Expenses 200.00 c/d $ 200.00 Wage payable Wage Expenses $ 1.200.00 d $ 20000 Depreciation 300,00 d Accumulated de $ 10:17 5 2.400.00 restepenses Answer 1 of 1 Cash $15,000.00 cld $15,000.00 od Accumulated depreciation 100.00 Depreciation Accounts payable $ 8,000.00 Inventory $10,000.00 /d S40,000.00 Cash $40.000 /d 1.200.00 wage Expenses $ 1.200.00 $ 55,000.00 Cash interest Expenses 200.00 d Prepaid insuran $ Wage Expenses $ 1.200.00 wage payable Accumulated de $ 100,00 d Inventory $ 5.000.00 od 3.000.00 Cash $ 2.000.00 Accounts Receivable $ 6,000.00 (71600-6000-1300 0-2200-1500-100) $1.07,700.00 1000040000 12001 $ 51,200.00 OWNERS EQUITY 55000 $ 55,000.00 REVENUE 8000 $ .000.00 EXPENSES 200-1200-100-5000 $ .500.00 ANSWER IS SOLVED AS PER GIVEN 10:17 5 2.400.00 trest Expenses S 200.00 Answer 1 of 1 Cash $15,000.00 d $15.000.00 ed Acumulated depreciation 100.00 Depreciation $ $ 8.000,00 nventory $18.000.00 $10.000.00 jd 540,000.00 Cash $40,000 1$ 1.200.00 Wage Expenses $ 1.200 $ 55,000.00 Cash solusy s#slut signal interest Expenses 200.00 d Prepaid insra $ Wage payable $ 1.200.00 d Accumulated de $ 100.00 Inventory $ 5.000.00 ed S 3.000.00 Cash $ 2.000.00 Accounts Receivable $ 6.000.00 71600-6000-1300 0-2200-1500-100) ASSET $1,07,200.00 10000 40000 12001 $ 51.200.00 OWNERS EQUITY 55000 $ 55,000.00 REVENUE 8000 $ .000.00 200-1200 300.000 $ 500.00 ANSWER IS SOLVED AS PER GIVEN
