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please answer 1 Barkey, an accountant is in business with the following assets and liabilities. Liabilities AJP_Familiar Finance A/P_Proctor's Lid AP_A Rose & Son 1621
please answer 1 Barkey, an accountant is in business with the following assets and liabilities. Liabilities AJP_Familiar Finance A/P_Proctor's Lid AP_A Rose & Son 1621 250 100 Assets Bank ARR Burke ARE Chapple AR-O Patterson * Supplies Equipment Automobile 1500 300 250 78 200 3956 7000 A. Set up the financial position of T. Berkley in T-accounts and calculate the balance of the capital account. (3 Application marks) B. In the Taccounts provided, record the accounting entries for the transactions listed below. DO NOT CALCULATE THE ACCOUNT BALANCES. (9 Application mark Transactions Received 78 cash from Pattersonin payment of her debt to the business Paid $100 cash to A Rose Son c. The owner withdrew 5300 Castrom the business for his personal use d. An accounting service was performed for Best a price of 5500 Mr. Burke agreed to pay for the service at a later date + The office as conditioner med in the Equipment gure broke down and had to be repaired at a cost of $50 Cash was paid for the An counting service was performed for E Chapple for 5200 cash 9 Bought supplies valued at $45 Paidah h An accounting service was performed for L Bell for 51200 L Bell promised to pay within 30 days 1. Barkley bought a computer from Computer and for 52450. He gave a 5000 deposit and is to pay the face at the end of the month
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