Question 2: The following transaction took place for Company A.

Aug. 5: The company purchased office supplies for $1,900 cash.

The T-accounts below were prepared for the transaction, but not all components were completed

a)------------------- b)------------------ office supplies

Aug 5th Aug 5th 1,900

Balance 1,900

Required:

Review the T-accounts above and determine the missing components.

Explain which components are missing

Add the missing components to the T-account(s)