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On your own 2-2 Analyzing transactions into debit and credit parts Sanary 10 Plumbing Solutions uses the following accounts. Some of the accounts will be
On your own 2-2 Analyzing transactions into debit and credit parts Sanary 10 Plumbing Solutions uses the following accounts. Some of the accounts will be Taccounts are given in the Working Papers. Work this problem independently explained in Lesson 2-3. Brian Helfrey, Capital Cash Brian Helfrey, Drawing Accts. Rec.-Theo Moses Supplies Advertising Expense Prepaid Insurance Rent Expense Sales Revenue revenue tal com large nuu Accts. Pay-Plumbing World Transactions: June 2. Received cash from owner as an investment, $3,500.00. 4. Paid cash for insurance, $105.00. 5. Paid cash for supplies, $60.00. 8. Bought supplies on account from Plumbing World, $800.00. 9. Paid cash on account to Plumbing World, $500.00. 1. Prepare two Taccounts for each transaction. On each Taccount write the account title of one of the accounts affected by the transaction. 2. Write the debit or credit amount in each Taccount to show the transaction's effect mation Service The ance are equ its be ADICECUSACK, STOCK On your own 2-3 Analyzing revenue, expense, and withdrawal transactions into debit and credit parts Taccounts are given in the Working Papers. Work this problem independently. Use the chart of accounts for Plumbing Solutions in On Your Own 2-2. Transactions: June 12. Paid cash for rent, $800.00. 14. Received cash from sales, $68.00. 15. Sold services on account to Theo Moses, $130.00. 18. Paid cash to owner for a withdrawal of equity, $280.00. 19. Received cash on account from Theo Moses, $130.00. 1. Prepare two T accounts for each transaction. On each Taccount, write the account title of one of the accounts affected by the transaction. 2. Write the debit or credit amount in each Taccount to show the transaction's effect. 49 Lesson 2-3 Analyzing How Transactions Affect Owner's Equity Accounts
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