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PREPARE THE T ACCOUNT (INCLUDING THE ENDING BALANCA FOR CASH, SUPPLIES AND SALES USING THE FOLLOWING BALAN TRANSACTIONS: BEGINNING BALANCES: CASH 50,000; SUPPLIES 2,000; SALES
PREPARE THE T ACCOUNT (INCLUDING THE ENDING BALANCA FOR CASH, SUPPLIES AND SALES USING THE FOLLOWING BALAN TRANSACTIONS: BEGINNING BALANCES: CASH 50,000; SUPPLIES 2,000; SALES 35,000 JAN 1: CASH PAID FOR SUPPLIES 25,000 JAN 14: CASH SALES OF 15,000 APRIL 30: CASH PAID FOR SUPPLIES 2,500 SEPTEMBER 26: CASH SALES OF 50,000 OCTOBER 1: CASH PAID FOR SUPPLIES 11,000 DECEMBER 13: CASH SALES OF 16,000
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