Colin Cameron Appliance - Cape May has just purchased a franchise from Colin Cameron Appliance - CCA.

Post to the ledger. Post the transactions using the letters (a), (b), (c), (etc.) as posting references. Compute each account balance after posting all of the transactions, and denote the balance as Bal.(For any accounts with a zero balance after posting transactions, select a "Bal," reference and enter a "0" on the normal side of the T-account. Abbreviations ued: Accum. - Accumulated; Depre. = Depreciation.)

Date Accounts Credit Debit 590,000 (a) 590,000 (b) Cash Baen, Capital Franchise Cash Land 51,000 51,000 (c) 140,000 380,000 270,000 250,000 (d) 97,500 97,500 (e) 50,000 50,000 Building Cash Notes Payable Store Fixtures Cash Office Equipment Cash Office Supplies Cash Prepaid Insurance Cash Merchandise Inventory Accounts Payable Petty Cash (1) 500 500 (g) 2,200 2,200 (h) 415,000 415,000 (0) 200 Cash 200 0) 225,000 225,000 0 67,500 67,500 (k) 180,000 180,000 (k) 59,000 59,000 ( 64,350 650 Accounts Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory Notes Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory Cash Credit Card Expense Sales Revenue Cost of Goods Sold Merchandise Inventory Cash Accounts Receivable Merchandise Inventory Accounts Payable Accounts Payable Cash Cash Sales Revenue 65,000 0 22,500 22,500 (m) 225,000 225,000 (n) 680,000 680,000 (0) 290,000 290,000 (p) 330,000 330.000 (P) 134,000 134,000 (9) 193,500 13,500 180,000 Cost of Goods Sold Merchandise Inventory Cash Interest Revenue Notes Receivable Notes Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory Accounts Payable (1) 280,000 280,000 (1) 108,000 108,000 (s) 480,000 Cash 480,000 (t) 1,010,000 1,010,000 (t) 303,000 303,000 (u) Accounts Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory Cash Accounts Receivable Salaries Expense Utilities Expense Cash 700,000 700,000 (v) 200,000 11,000 211,000 (w) w 127 (x) Office Supplies Cash Short and Over Cash Baen, Withdrawals Cash Franchise Fee Expense Cash 22,000 22,000 (y) 146,300 146,300 Cash Accounts Payable Sales Revenue Interest Payable IIIIIIIIIIIII Interest Revenue Note Payable Petty Cash Baen, Capital Cost of Goods Sold Accounts Receivable Baen, Withdrawals Franchise Fee Expense Allowance for Bad Debts Salaries Expense Merchandise Inventory Utilities Expense Office Supplies Insurance Expense Prepaid Insurance Supplies Expense Interest Receivable Bad Debts Expense Notes Receivable Bank Expense Land Credit Card Expense Building Depr. ExpenseBuilding Accum. Depr.Building Depr. Expense-Store Fixtures Store Fixtures Depr. Expense-Office Equipment 100 ili Accum. Depr.Store Fixtures Amortization Expense-Franchise Office Equipment Interest Expense Accum. Depr.Office Equipment Cash Short and Over Franchise