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Options: cash, accounts receivable, inventory, prepaid rent, fixtures and equipment, accounts payable, interest payable, wages payable, notes payable, paid-in-capital, retained earnings, leave blank Transaction 4

Options: cash, accounts receivable, inventory, prepaid rent, fixtures and equipment, accounts payable, interest payable, wages payable, notes payable, paid-in-capital, retained earnings, leave blank image text in transcribed
image text in transcribed
Transaction 4 The owners paid $3,000 for website advertising. They were able to get a good deal because one of the company's owners also owns stock in the website company. The owners also paid $5,000 for some advertising in local newspapers. [Note: Combine both transactions into one entry]. Account: Cash Dollar amount: 8000 Account: Retained Earnings Dollar amount: 8000 Account: Leave Blank Dollar Foil3 Leave%20Blank Account: Leave Blank Dollar amount: | FoilLeave%20Blank Account: Leave Blank Dollar amount: Foll-Leave%20Blank Submit Answer ncnrrect, Tries 4/5 Preyin

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