Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please anwser t chart outlines are given in next two pictures if needed 1.1. Bandey, an accountant is in business with the following assals and
please anwser t chart outlines are given in next two pictures if needed
1.1. Bandey, an accountant is in business with the following assals and liabilities Liabilities NP Familiar Finance NP. Proctor's NPA. Rose & Son 1821 250 100 Assets Bank NR R Burke SHINR E. Chapple NR-0. Paterson Supplies Equipment 15 Automobile 1600 300 250 78 200 3966 7000 A. Set up the financial position of T. Barkley In T-accounts and calculate the balance of the capital account. (3 Application marks) B. In the T-accounta provided, record the accounting entries for the transactions listed below. DO NOT CALCULATE THE ACCOUNT BALANCES Transactions Buced 578. chromo Palerson in Pyram of her debut the business 6. Pad 5100 Rod Son The owner withdrew $300 cash from the business for his personal use. Amint service was performed for R. Burse at a nice of $500 M Burkey or the service at a later date de contended in the Equipment figure, broke dormit berat 550 Waspard for the repair anting views buidated for tople for $200 Boughpole valued at $45. Paidh account de performed for Belfor 51200. L. Borisophy dav Ut wie sehrpoter from Comutand for $2490 Ostroy the land this Aceh Bank AR-LB AR-R Bart AIR-E Chapoli AR-Q.Patterson Supplies Equipment Automobile Les and Equity 2. Compuan APFFE P. Protor te se s or Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started