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E2-21 (open response) A Question Help In December 2018, the first five transactions of Acker Small Engine Repair Company have been posted to the T-accounts.
E2-21 (open response) A Question Help In December 2018, the first five transactions of Acker Small Engine Repair Company have been posted to the T-accounts. Prepare the journal entries that served as the sources for the five transactions. Include an explanation for each entry. B (Click the icon to view the T-accounts.) Prepare each transaction in order according to the reference number shown in the accounts provided. (Record debits first, then credits. Select the explanation on the last line of the journal entry. Check your spelling carefully and do not abbreviate. When applicable, use only the account names given in the problem statement.) Accounts and Explanation Debit Credit (1) Data Table Equipment 4,400 (5) Cash Office Supplies Building (1) 53,000 30,000 (3) (2) 1,200 (3) 30,000 (4) 50,000 4,400 (6) Accounts Payable Notes Payable 1,200 (2) 50,000 (4) Common Stock 53,000 (1) Print Done
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