Date Accounts Debit Credit (a) Cash 600,000 Bain, Capital 600,000 (b) Franchise 54000 Cash 54,000 (c) Land 80,000 550.000 430,000 Building Cash Notes Payable Store Fixtures 200.000 (d) 60.000 60.000 50,000 50.000 (0 1,500 1.500 (9) Cash Office Equipment Cash Office Supplies Cash Prepaid Insurance Cash Merchandise Inventory Accounts Payable Petty Cash Cash Accounts Receivable 3,000 3,000 (h) 430.000 430,000 0 220 220 0 200.000 200,000 0 80.000 80.000 110,000 110,000 (k) 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 49.000 49,000 0) 63.700 1,300 65.000 0 29,000 29.000 (m) Cash 200,000 200,000 (n) 9 690,000 690.000 (o) 290.000 Accounts Receivable Merchandise Inventory Accounts Payable Accounts Payable Cash Cash Sales Revenue Cost of Goods Sold Merchandise Inventory Cash 290,000 (p) 380,000 380.000 (p) 187.000 187 000 he (9) 117,700 Interest Revenue 7.700 Notes Receivable Notes Receivable 110.000 o 210,000 Sales Revenue 210.000 ( Cost of Goods Sold 108,000 108.000 (s) Merchandise Inventory Accounts Payable Cash 520.000 520.000 (1) tior at ick 970,000 970 000 (0) 388,000 388,000 740.000 740.000 (v) Accounts Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory Cash Accounts Receivable Salaries Expense Utilities Expense Cash Office Supplies Cash Short and Over Cash Bain, Withdrawals Cash Franchise Fee Expense Cash 150,000 12.500 162.500 134 2 136 (X) 15,000 15,000 ly) 135,450 135.450 Post the transactions using after posting all of the transactions, and denote the balance as Bal. (For any accounts with a zero balance after posting the transactions, select a "Bal" reference and enter a "0" on the normal side of the T-account Abbreviations used. Accum= Accumulated, Depr. = Depreciation) (Click the icon to view the journal entries from Requirement 1.) Cash Accounts Payable Sales Revenue Interest Payable Interest Revenue Note Payable Petty Cash Bain, Capital Cost of Goods Sold Accounts Receivable Bain, Withdrawals Franchise Fee Expense Allowance for Bad Debts Choose from any list or enter any number in the input fields and then click Check Answer 25 parts remaining Clear All Check Answer RI 6:02 PM 10/10/2020 (Click the icon to view the chart of accounts.) 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 Choose from any list or enter any number in the input fields and then click Check Answer (Click the icon to view the chart of accounts.) Bank Expense Notes Receivable Land Credit Card Expense Building Depr. Expense-Building Accum. Depr.-Building Depr. Expense-Store Fixtures Store Fixtures Depr. Expense-Office Equipment Accur. Depr.-Store Fixtures Amortization Expense-Franchise Office Equipment Interest Expense Choose from any list or enter any number in the input fields and then click Check Answer Office Equipment Interest Expense Accum. Depr.-Office Equipment Cash Short and Over Franchise