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on Januarys 1, merry walker and other stockholders estab On January 1, Merry Walker and other stockholders established a catering service. Listed below are accounts

on Januarys 1, merry walker and other stockholders estab
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On January 1, Merry Walker and other stockholders established a catering service. Listed below are accounts to use for transactions (a) through (e), each identified by a number. Following this list are the transactions that occurred in Walker's first month of operation. You are to indicate for each transaction the accounts that should be debited and credited by placing the account number(s) in the appropriate box. 1. 2. 3 4. 5. 6. 7. 8. 9. 10. 11 12. 13. Cash Accounts Receivable Supplies Prepaid Insurance Equipment Truck Notes Payable Accounts Payable Common Stock Dividends Fees Earned Wages Expense Rent Expense Utilities Expense Truck Expense Miscellaneous Expense Insurance Expense 15. 16. 17. Account(s) Debited Account(s) Credited Transactions a. Purchased supplies for cash. b. Paid the annual premiums on property and casualty insurance, c. Received cash from customers on Account d. Paid a creditor on account le. Received cash from customer for services provided

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