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please anwser t charts outlines are shown in the next 2 pictures for the question LT. Barkley, an accountant, is in business with the following
please anwser t charts outlines are shown in the next 2 pictures for the question
LT. Barkley, an accountant, is in business with the following assets and tables 2 1 18 250 11 11 Assets Liabilities Bank 1500 AP Familiar Finance 1621 ARR Burke 300 AP Proctor's Lid NR E Chapple APA Rose & Son 100 AR O Patterson 78 Supplies 200 Equipment 3956 Automobile 7000 16 17 A. Set up the financial position of T. Barkley in Taccounts and calculate the balance of the capital account. (3 Application marks) 6. In the accounts provided, record the accounting entries for the transaction listed below. DO NOT CALCULATE THE ACCOUNT BALANCES (9 Application marks) Transactions 95 1 11 2. Receved 578 cash from O. Patterson in payment of her debt to the business. b. Paid $100 cash to A Rose & Son c. The owner withdrew 5300 cash from the business for his personal use. d. An accounting service was performed for R. Burke at a price of $500. Mr Burke agreed to pay for the service at a later date e. The once air conditioner included in the Equipment figure broke down and had to be repaired at a cost of $50 Cash was paid for the repair. 1. An accounting service was performed for E Chapple for $200 cash 9 Bought supplies valued at $45 Paid cash An accounting service was performed for L Bell for 51200 L Bell promised to pay within 30 days 1.T. Barboy bought a computer from Computertand for 52450. He gave a 5900 deposit and is to pay the balance at the end of the month Assets Bank AR-L Bell AR-R. Burke AR-E. Chapple A/R-O. Patterson Supplies Equipment Automobile Liabilities and Equity AP-Computerland A/P - Familiar Finance AIP-Protor's Lid. AJP -Rose & Son T. Barkley, capital Step by Step Solution
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