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Alfa.lyryx.com/student-servlets/LabServleticcid=11123 Record these transactions of the Oppong Corporation company by recording the debit and credit entries directly in the T-accounts. Use the date for each
Alfa.lyryx.com/student-servlets/LabServleticcid=11123 Record these transactions of the Oppong Corporation company by recording the debit and credit entries directly in the T-accounts. Use the date for each transaction to identify the entries, placing the date in the left-hand cell and the amount in the right-hand cell on the appropriate side of the T-account. Then determine the balance of each account, and write Balance' or 'Bal) next to it in the left-hand cell on the appropriate side a March 1 Avery Wilson (a shareholder), received share capital in Oppong Corporation, after investing $10,000 cash into the business b March 2 Oppong Corporation provided $500 of consulting services for a customer who will pay within 30 days c. March 3 Oppong Corporation bought equipment on credit for $2,500 d March 5 Oppong Corporation received a bill today for this month's water utilities, $150. It will be paid within 30 days e March 7 Performed consulting services today and collected $400. 1. March 8 Oppong Corporation paid this month's $100 electrical utilities bill received today g. March 11: Oppong Corporation received $500 towards payment for the services provided in transaction (b). n March 14 Oppong Corporation bought $3,000 of equipment, using $750 cash and $2.250 on account. March 15 Oppong Corporation paid $1,700 towards the bill from transaction (c) March 16 Oppong Corporation returned to the supplier $1,000 of equipment discovered to be defective. It was originally purchased on account in transaction (h) Cash Accounts Receivable Prepaid Insurance Equipment Accounts Payable Share Capital Cash Accounts Receivable Prepaid Insurance Equipment Accounts Payable Share Capital Dividends Consulting Revenue Earned Utilities Expense
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