Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Current Attemptin Progress Presented below the ledger for Waterway Ca Cach No. 101 101 3.100 1044 400 10/10 40010/12 1,200 2900105 300 10/10 10/20 40010/30

image text in transcribed
image text in transcribed
image text in transcribed
Current Attemptin Progress Presented below the ledger for Waterway Ca Cach No. 101 101 3.100 1044 400 10/10 40010/12 1,200 2900105 300 10/10 10/20 40010/30 100 10/25 2.000 1031 200 Accounts Receivable Ne 112 10/6 700 10/20 400 10/20 700 Supplies No, 126 104 400 Equipment No. 157 103 2500 Notes Payable No. 200 10/10 1.300 No. 201 Accounts Payable 1.2001 Owner's Capital 2.300 No. 01 OM 2100 10/25 3000 No. 306 Owner's Drawings 100 1030 Service Revend No. 400 700 100 30/50 100 Salaries and Wages Expense No. 726 101 Font Expense No. 729 10-13 300 Question 5 of 5 272756 = regule, select "No Entry for the accountries and enter for the amounts) Date Account Titles and Explanation Debit condit Oct 1 Cash 3200 (Owner's investment of cash in business) Oct 10 cah Service Revenue 600 (Receive cash for services performed Oct 10 Cash 3500 Noyable 3500 Obtain loan from bank Cach 400 w Releashin payment of account 700 San lants for service performed Textbook and Mac List of Account Auto Gateway Determine the October 31 balance for each of the accounts above and prepare balance October 31, 2020 WATERWAY CO. Trial Balance Debit Credit 5 Total Textbook and Media List of Accounts A Gateway Current Attemptin Progress Presented below the ledger for Waterway Ca Cach No. 101 101 3.100 1044 400 10/10 40010/12 1,200 2900105 300 10/10 10/20 40010/30 100 10/25 2.000 1031 200 Accounts Receivable Ne 112 10/6 700 10/20 400 10/20 700 Supplies No, 126 104 400 Equipment No. 157 103 2500 Notes Payable No. 200 10/10 1.300 No. 201 Accounts Payable 1.2001 Owner's Capital 2.300 No. 01 OM 2100 10/25 3000 No. 306 Owner's Drawings 100 1030 Service Revend No. 400 700 100 30/50 100 Salaries and Wages Expense No. 726 101 Font Expense No. 729 10-13 300 Question 5 of 5 272756 = regule, select "No Entry for the accountries and enter for the amounts) Date Account Titles and Explanation Debit condit Oct 1 Cash 3200 (Owner's investment of cash in business) Oct 10 cah Service Revenue 600 (Receive cash for services performed Oct 10 Cash 3500 Noyable 3500 Obtain loan from bank Cach 400 w Releashin payment of account 700 San lants for service performed Textbook and Mac List of Account Auto Gateway Determine the October 31 balance for each of the accounts above and prepare balance October 31, 2020 WATERWAY CO. Trial Balance Debit Credit 5 Total Textbook and Media List of Accounts A Gateway

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1-9

Authors: James A. Heintz, Robert W. Parry

22nd Edition

1305666186, 9781305666184

More Books

Students also viewed these Accounting questions