Question
On December 1, 2022, Metlock, Inc. had the account balances shown below. Debits Credits Cash $4,580 Accumulated DepreciationEquipment $1,490 Accounts Receivable 4,020 Accounts Payable 3,240
On December 1, 2022, Metlock, Inc. had the account balances shown below.
| Debits | Credits | |||||
|---|---|---|---|---|---|---|
| Cash | $4,580 | Accumulated DepreciationEquipment | $1,490 | |||
| Accounts Receivable | 4,020 | Accounts Payable | 3,240 | |||
| Inventory (3,100 x $0.60) | 1,860 | Common Stock | 10,900 | |||
| Equipment | 22,800 | Retained Earnings | 17,630 | |||
| $33,260 |
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Connect For Computer Accounting With Quickbooks Online
Authors: Donna Kay
2nd Edition
1264152272, 9781264152278
