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MGT 111 - Principles of Accounting Assignment No. 2 Deadline: Apr. 22, 2022 Instruction: Using the given Chart of Accounts, properly journalize the succeeding

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MGT 111 - Principles of Accounting Assignment No. 2 Deadline: Apr. 22, 2022 Instruction: Using the given Chart of Accounts, properly journalize the succeeding transactions. Chart of Accounts: 101 Cash 110 Accounts Receivable 120 Supplies 130 Inventory 140 Office Equipment 210 Accounts Payable 220 Notes Payable 310 Villa, Capital 320 Villa, Drawings 330 Income Summary 400 Sales 410 Sales Discounts 420 Sales Returns and Allowances 510 Purchases 520 Purchases Discounts 530 Purchases Returns and Allowances 540 Freight In 610 Salaries Expense 620 Freight Out 630 Advertising Expense 640 Rent Expense 650 Utilities Expense

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