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Excel File Edit Format Tools Data Window View Insert @E Help AutoSave P1.1 blank (1) Home Insert Draw Page Layout Formulas Data Review View Tell
Excel File Edit Format Tools Data Window View Insert @E Help AutoSave P1.1 blank (1) Home Insert Draw Page Layout Formulas Data Review View Tell me Calibri (Body) == 11 - A A a.A. 2 Wrap Teat General Paste B TV Merge Center $% Conditional Format Call Formatting as Table Styles G1 x fx B Account Titles Debit 1 P1.1 Study the transactions for the month of March 2019 shown in the following list and 2 record the necessary journal entries. Use the following account titles shown by category: Balance Sheet Accounts Assets Cash, Credit Card Receivable, Accounts Receivable, Food Inventory, Beverage Inventory, Prepaid Rent, Prepaid Insurance, Supplies, Equipment and Furnishings Liabilities Accounts Payable, Note Payable Owner's Equity Capital b. Account Titles Debit Income Statement Accounts C. Sales Revenue, Salaries Expense, Wage Expense and Interest Expense Account Titles Debit d. Account Titles Debit The owner opened a business account and deposited $60,000 in the bank. borrowed and deposited $30,000 on a note payable to the bank. paid 1 year of rent in advance on the restaurant space, $18,000 cash. purchased equipment $46,000; $16,000 in cash and the balance on account Furnishings were purchased for $30,400 cash. The owner purchased $3,200 of food inventory on account and paid $3,800 cash for beverage inventory
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