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Pls help! i have filled out most answer but im still missing a few.. please answer the following! The following events spply to Equipment Services
Pls help! i have filled out most answer but im still missing a few..
please answer the following!
The following events spply to Equipment Services incorporated in its first year of operation: 1. Acqulred $60,000 cash from the issue of common stock. 2 Receved an $8.200 ctah advance for services to be provided in the future. 3. Purchased $2000 of supplies on accoumt. 4. Eamed $36,000 of service revenue on account. 5. Incurred $16:00 of operating expenses on account. 6. Colkected $28.500 cash from accounts recelvable. 7. Mado a $15,00 payment on accounts payable. 8. Paid a $2000 cash clvidend to the stockholders. 9. Recogrized \$1,600 of supples expense. 10. Recorded $3,100 of accrued salaries expense. 11. Recognized $3,100 of revenue for services provided to the customer in Evert 2 Requitred a. Rocord the everts in T-accouncs. b. Test the equalty of the debit and creolt balances of the T-accounts by preparing a trisl balance. (3) Answer is not complete. Complete this question by entering your answers in the tabs below. Record the events in T-accounts. The following events spply to Equipment Services incorporated in its first year of operation: 1. Acqulred $60,000 cash from the issue of common stock. 2 Receved an $8.200 ctah advance for services to be provided in the future. 3. Purchased $2000 of supplies on accoumt. 4. Eamed $36,000 of service revenue on account. 5. Incurred $16:00 of operating expenses on account. 6. Colkected $28.500 cash from accounts recelvable. 7. Mado a $15,00 payment on accounts payable. 8. Paid a $2000 cash clvidend to the stockholders. 9. Recogrized \$1,600 of supples expense. 10. Recorded $3,100 of accrued salaries expense. 11. Recognized $3,100 of revenue for services provided to the customer in Evert 2 Requitred a. Rocord the everts in T-accouncs. b. Test the equalty of the debit and creolt balances of the T-accounts by preparing a trisl balance. (3) Answer is not complete. Complete this question by entering your answers in the tabs below. Record the events in T-accounts Step by Step Solution
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