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. 5Aug. 51,900

BalanceBalance1,900

Required:

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

2.Explain which components are missing

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