Question
Create the T accounts for the submitted transactions. Carlos Rodrguez started a business dedicated to construction. During the first month, the following transactions were carried
Create the T accounts for the submitted transactions.
Carlos RodrÃguez started a business dedicated to construction. During the first month, the following transactions were carried out:
February 1 Carlos RodrÃguez made an initial investment in the business for $ 40,000.
4 Materials (supplies) were purchased for $ 2,000 in cash.
6 A construction was made to a client for $ 7,000 and they paid for it in cash.
10 A roof of a house was worked for $ 4,000 on credit.
12 Construction equipment was purchased for $ 1,300 on credit.
15 One month's rent was paid for $ 1,800.
18 A truck was purchased on credit for $ 25,000.
20 A payment was made to the account of the truck purchased for $ 1,000.
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
2nd edition
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