Question
Determine the ending balances of the accounts (Cash, Supplies, Equipment, Account Payable, and Note Payable) DR CR a) Cash $3,900.00 Note Payable $ 3,900.00 b)
Determine the ending balances of the accounts (Cash, Supplies, Equipment, Account Payable, and Note Payable)
DR | CR | ||
a) | Cash | $3,900.00 | |
Note Payable | $ 3,900.00 | ||
b) | Equipment | $1,000.00 | |
Note Payable | $ 1,000.00 | ||
c) | Supplies | $300.00 | |
Cash | $300.00 | ||
d) | Supplies | $700.00 | |
Account Payable | $700.00 | ||
e) | Note Payable | $900.00 | |
Cash | $900.00 |
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Accounting Principles
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
IFRS global edition
1-119-41959-4, 470534796, 9780470534793, 9781119419594 , 978-1119419617
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