Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Qu Care agina ACC120 - Assignment One - Instructions and Questions - Spring 2022 Formule Dati Revisione Visualizza + NON ATTIVO Aggiungi Disegna con il
Qu Care agina ACC120 - Assignment One - Instructions and Questions - Spring 2022 Formule Dati Revisione Visualizza + NON ATTIVO Aggiungi Disegna con il penna trackpad te aggiornamenti della sicurezza, correzioni e miglioramenti, scegliere Controlla aggiornamenti, Co N 0 P Q R 5 T U count. Question 3: (from chapter 4) Write up the following transactions in the T-accounts of M. Pearson Create several separate T-accounts and fill them with numbers. Each person' needs their own T-account Date Description Amount () Jan 2022 1 1 Started in business with money in the bank &... 11.300 ... money in the cashbox (cash) 1.800 2 Bought goods on credit from J. Biggs. 850 2 Bought goods on credit from D. Martin 640 2 Bought goods on credit from P. Lot. 620 3 3 Bought goods for cash. 388 4 Paid rent in cash 85 S Bought stationary, paying by cheque 82 6 Sold goods on credit to D. Twigg. 393 6 Sold goods on credit to B. Hogan 309 6 Sold goods on credit to K. Fletcher, 7 Paid wages in cash. 10 Retumed goods to D. Martin, 11 Paid rent in cash 13 B. Hogan retumed goods to us. 15 Sold goods on credit to T. Lee. 15 Sold goods on credit to F. Sharp, 15 Sold goods on credit to G. Rac. 16 Paid postage expenses by cheque. 18 Paid insurance in cash 19. Paid rend by cheque. . 20+ Bought van on credit from B. Black 21 Paid motor expenses in cash. 23 Paid wages in cash 24 Received part of the amount owing from K. Fletcher by cheque. 28 Received refund of postage expenses by cheque. 28 Paid J. Biggs by cheque. 28 Paid D. Martin by cheque. 28 Paid B. Black by cheque. 223245488254239 Question 4: (from chapten Record the following transa accounts, and then extracta Date Description January 2021 1 Started in bus 2 Transferred ca Bought goods 4 Bought goods 4 Bought goods 4 Bought goods 4 Bought goods 5 Bought station 6 Sold goods on 6 Sold goods 6 Sold goods on 6 Sold goodson 8 Paid rent by ch 10 Bought Pumit 11 Paid salaries in 14 Rctured good 14 Retured good 15 Bought van by 16 Received loan 18 Goods retum 18 Goods retume 21 Cash sales 24 Sold goods on 24 Sold goods on 24 Sold goods on 26 We paid F. Hou 26 We paid M. So 29 Received a che 29 Received a che 30 Received a fan 30 Received cash ions Hints + colla, EI MacBook Air 80 .. 888 Fa da DD ES DII F8 F F2 59 910 $ % & ) ? 4 5 1 7 C 8 6 00 9 0
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