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only do the second picture. not the first. PART 2: Post to the Ledger Post all transactions to the t-accounts and calculate ending balances. Be

only do the second picture. not the first. image text in transcribed
image text in transcribed
PART 2: Post to the Ledger Post all transactions to the t-accounts and calculate ending balances. Be sure to enter a zero on the normal side of the account for any accounts with a zero balance. Post all transactions in chronological order. Enter your solutions in the first available cell in each T-Account Date Accounts Debit Credit Accounts Payable Dec 1 Cash 2500 Furniture Common Stock Date Accounts Debit Credit Dec S11-4 (similar to Question Speedy Industries began 2018 with accounts receivable inventory and prepaid expenses totaling $48.000 and is current is totaling $38.000. At the end of the year, these same current asset totaled 549,000, while its total current abilities totaled 530,000. Net income for the year was $83.000. Included in net income were $1.000 loss on the sale of land and depreciation expense of $10,000 Show how Speedy should report cash flows from operating activities for 2018. The company uses the indwe methode parenthesession for numbers to be traced and for anot decrease in cash) Cashows from operating activities o Roster we Course als Adjustments to reconclemencoretanet cash Feedback Depreciation 10.000

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