Question
Analyze the following transactions and prepare a list of the accounts that are affected. Organize them as they should appear in the chart of accounts
Analyze the following transactions and prepare a list of the accounts that are affected. Organize them as they should appear in the chart of accounts and indicate the number that corresponds to each account.
February 1 | $18,000 in cash was invested to start the business. |
10 | A computer was purchased for $1,500. |
15 | Employees were paid salary of $3,800. |
16 | A customer service was performed on credit for $2,500. |
18 | A payment was made for the vehicle purchased on credit on Feb. 3 for $450. |
3 | Office supplies were purchased for $800 in cash. |
3 | a vehicle was purchased for the business for $19,000 on credit. |
4 | Rent for the current month's business premises was paid for $2,000. |
5 | A fee earned service was performed in the amount of $5,000. |
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