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LO 2.5) P.1. Beerbo has accounts with beginning balances as follows: Accounts Payable............... $2,000 Accounts Receivable.. Cash......... $4,500 .$26,000 Common Stock.. $10,000 Dividends.... ..$0
LO 2.5) P.1. Beerbo has accounts with beginning balances as follows: Accounts Payable............... $2,000 Accounts Receivable.. Cash......... $4,500 .$26,000 Common Stock.. $10,000 Dividends.... ..$0 Interest Expense.. $0 Land............... $0 Notes Payable..... ..$0 Retained Earnings... $18,500 Salaries Expense. $0 Service Revenue.. $0 Supplies........... $0 Supplies Expense... $0 Utilities Expense... ..$0 Using the account titles above, journalize the following transaction: LO 2.5) 1.1. Beerbo pays investors $1,800 in dividends. DR. CR.
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