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Kimmel, Financial Accounting, 8e I System Announcements Exercise 3-16 Selected transactions from the journal of Larkspur, Inc. during its first month of Account Titles Debit

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Kimmel, Financial Accounting, 8e I System Announcements Exercise 3-16 Selected transactions from the journal of Larkspur, Inc. during its first month of Account Titles Debit Credit 6,500 Date Aug. 1 Cash Common Stock 6,500 10 Cash 2,000 Service Revenue 2,000 12 Equipment 6,600 Cash 2,450 4,150 Notes Payable 25 Accounts Receivable 3,470 Service Revenue 3,470 31 Cash 530 Accounts Receivable 530 Post the transactions to T-accounts. (Post entries in the order of journal entri Cash

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