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osson Review upplies on a pply the ns for structor will guide you the Audit your understanding 1. State the four questions used to analyze

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osson Review upplies on a pply the ns for structor will guide you the Audit your understanding 1. State the four questions used to analyze a transaction 2. What the accounts are affected when a business buys suppl Work together 2-2 Analyzing transactions into debit and credit parts Taccounts are given in the Working Papers. Your instructor wir the following examples Jensen Cleaning Service uses the followi Some of the accounts will be explained in Lesson 2-3. ollowing accounts Cash Accts Rec-Johannes Erickson John Jensen, Capital John Jensen, Drawing Sales Supplies Rent Expense Prepaid insurance Utilities Expense Accts Pay-Supply Depot Transactions Mar 1. Received cash from owner as an investment, 54,000.00 2. Pald cash for supplies. $95.00 & Bought supplies on account from Supply Depot, $120.00. 6 Paid cash for insurance $250.00 9. Paid cash on account to Supply Depot, $80.00 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 debitor credit amount in each Taccount to show the transactions effe On your own 2-2 Analyzing transactions into debit and credit parts Taccounts are given in the Working Papers. Work this problem independently Plumbing Solutions uses the following accounts. Some of the accounts will be explained in Lesson 2-3. Cash Brian Helfrey, Capital Accts. Rec-Theo Moses Brian Helfrey, Drawing Supplies Sales Prepaid Insurance Accts. Pay-Plumbing World Advertising Expense Rent Expense Transactions: June 2. Received cash from owner as an investment, $3,500.00 4. Paid cash for Insurance, 5105.00 5. Pald 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 T account, w account title of one of the accounts affected by the transaction 2. Write the debitor credit amount in each account, write the

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