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On a T account The following transactions occurred during June of this year: a. Nguyen deposited $60,000 in a bank account in the name of
On a T account
The following transactions occurred during June of this year: a. Nguyen deposited $60,000 in a bank account in the name of the business. b. Bought waiting room chairs and tables (Otfice Furniture) on account, $2,200. c. Bought a fax/copier/scanner combination (Office Equipment) from Max's Equipment for $1,700, paying $745 in cash and placing the balance on account, QK, No, 1001 d. Bought an intercom system (Office Equipment) on account from Regan Offlice Supply, $900. e. Received and paid the telephone bill, $388, CK. No. 1002. f. Sold professional services on account, $2,436. 9. Received and paid the electric bili, $220,CK. No. 1003 . h. Received and paid the bil for the state speech therapy convention, $880, CK. No. 1004 (Miscellaneous Expense). 1. Sold professional services for cash, $4,420. 1. Paid on account to Regan Office Supply, $470,CK. No. 1005 . k. Paid the rent for the current month, $1,110, CK. No. 1006. t. Paid salary of the receptionist, $1,360,CK. No. 1007. m. Nguyen withdrew cash for personal use, $1,080, CK. No. 1008. n. Received $1,150 on account from patients who were previously biled Step by Step Solution
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