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Exercise 2-9 (Part Level Submission) Selected transactions from the journal of Kati Tillman, investment broker, are presented below Account Titles and Explanation Cash Debit Credit
Exercise 2-9 (Part Level Submission) Selected transactions from the journal of Kati Tillman, investment broker, are presented below Account Titles and Explanation Cash Debit Credit Date Aug. 1 25,800 Common Stock 25,800 (Investment of cash for stock) 10 Cash 11,610 Service Revenue 11,610 (Received cash for services performed) 12 Equipment 21,500 Cash Notes Payable 3,440 18,060 (Purchased office equipment for cash and notes payable) 25 Account Receivable 6,880 Service Revenue 6,880 (Billed clients for services performed) 31 Cash 3,784 Accounts Receivable 3,784 (Receipt of cash on account) Post the transactions to T-accounts. (Post entries in the order displayed in the problem statement.) Cash Equipment Notes Payable Common Stock Service Revenue
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