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Name Date Class Part 3 Analyzing Transactions Using T Accounts (20 points) Directions: Use T accounts to analyze each of the transactions below. Use the
Name Date Class Part 3 Analyzing Transactions Using T Accounts (20 points) Directions: Use T accounts to analyze each of the transactions below. Use the following account names. Cash in Bank Accounts Receivable-Tim Ochi Martha Russo, Withdrawals Advertising Expense Service Fees Telephone Expense 0. Provided typing services and Accounts Receivable-Tim Ochi Service Fees billed Tim Ochi $400 for the work. 400 400 1. Paid $45 cash for an advertise- ment in the newspaper. 2. Martha Russo withdrew $250 cash for personal use. 3. Provided word processing services for $975 cash. 4. Paid the telephone bill with a check for $90. 5. Received $400 on account from Tim Ochi
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