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Deblted Credited 301 nalnder. 101 400 610 101 201 101 306 101 729 101 1. M. Acher invests $61,600 cash to start the business. 2.
Deblted Credited 301 nalnder. 101 400 610 101 201 101 306 101 729 101 1. M. Acher invests $61,600 cash to start the business. 2. Purchased three pleces of equlpment for $140,800, pe 3. Purchased $4,400 supplles on credit. 4. Cashrevenue amounted to $6,160. 5. Pald $440 cash for radlo advertising. 6. Pald $704 on account for supplles purchased in transac 7. Owner withdrew $1,848 from the business for persone 8. Pald $1,056 cash for rent for the current month. 9. Recelved $1,760 cash advance from a customer for fut 10. Elled a customer for $508 for photocopy work done. 125 Supplles 157 Equipment 200 Notes Payable 201 306 400 Service Revenue 610 Advertsing Expense 729 Rent Expense You are to Indicate the proper accounts to be deblted and credited for the following transactlons by selecting the account name(s) In the approprlate boxes, (Enter answers in alphabetical order) emalnder. 101 101 101 The chart of accounts used by Culver Copy Compary ls listed below. You are to indlcate the proper accounts to be deblted and cred ted for the to Transactlons 1. M. Acher investe $61,600 cash to start the business. 2. Purchased three pleces of equipment for $140,800, paying $44,000 cash and signing a 5 -year, 10\% note for the remalnder. 3. Purchased $4,400 supplles on credit. 4. Cash revenue amounted to $6,160. 5. Pald $440 cash for radlo advertising. 6. Pald $704 on account for supplies purchased in transactlon 3. 7. Owner withdrew $1,848 from the business for personal expenses. 8. Pald $1,056 cash for rent for the current month. 9. Recelved $1,760 cash advarice from a customer for future copying. 10. Ellled a customer for $508 for photocopy work done
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