Question
.Fill in the form according to the Transaction18% Transaction (1):paid amount owed to a creditor,$ 5 000 Transaction(2):purchased office equipment on account $ 25 000
.Fill in the form according to the Transaction18%
Transaction (1):paid amount owed to a creditor,$ 5 000
Transaction(2):purchased office equipment on account $ 25 000
Transaction (3):owner invested $ 500 000 cash in the business
Transaction (4):purchased office supplies for cash,$ 350
Transaction (5):received cash as payment for professional fees,$ 35 000
Transaction(6):purchased office supplies on account,$ 4 000
Transaction (7):owner withdrew $ 300 for personal use
Transaction(8):paid telephone expense,$ 750
Transaction (9):paid office rent $ 10 000
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increase | decreases | increase | decreases | decreases | increase | decreases | increase | |
debit | credit | debit | credit | debit | credit | debit | credit | |
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