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POLJUPCILAUAW_LED_zMypx383_opRBsQbukaEMWPEU9-g/viewform?hr_submission... Your answer E 3 points 6 You are presented with the following transactions for Paddick Enterprises Ltd. for the month of February: Feb. 2
POLJUPCILAUAW_LED_zMypx383_opRBsQbukaEMWPEU9-g/viewform?hr_submission... Your answer E 3 points 6 You are presented with the following transactions for Paddick Enterprises Ltd. for the month of February: Feb. 2 Purchased supplies on account, $600. 3 Purchased equipment for $10,000 by signing a bank loan due in three months. Earned service revenue of $50,000. Of this amount, $30,000 was received in cash. The balance was on account. 13 Declared and paid $500 of dividends to shareholders. 18 A customer paid $2.000 in advance for services to be performed next month. 20 Paid the amount owing for the supplies purchased on February 2. 23 Collected $20,000 of the amount owing from the February 6 transaction 24 Paid office expenses for the month, $22.000 27 Recorded salaries due to employees for work performed during the month. $14,000. 28 Paid interest of $50 on the bank loan signed on February 3, Testructions a) For each of the above transactions, prepare a (1) basic analysis (2) equation analysis, and (3) debit-credit analysis. b) Journalize the transactions Your answer TEAU search BE POLJUPCILAUAW_LED_zMypx383_opRBsQbukaEMWPEU9-g/viewform?hr_submission... Your answer E 3 points 6 You are presented with the following transactions for Paddick Enterprises Ltd. for the month of February: Feb. 2 Purchased supplies on account, $600. 3 Purchased equipment for $10,000 by signing a bank loan due in three months. Earned service revenue of $50,000. Of this amount, $30,000 was received in cash. The balance was on account. 13 Declared and paid $500 of dividends to shareholders. 18 A customer paid $2.000 in advance for services to be performed next month. 20 Paid the amount owing for the supplies purchased on February 2. 23 Collected $20,000 of the amount owing from the February 6 transaction 24 Paid office expenses for the month, $22.000 27 Recorded salaries due to employees for work performed during the month. $14,000. 28 Paid interest of $50 on the bank loan signed on February 3, Testructions a) For each of the above transactions, prepare a (1) basic analysis (2) equation analysis, and (3) debit-credit analysis. b) Journalize the transactions Your answer TEAU search BE
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