Question
Select the accounts that will be impacted by the transaction described below and drag them to the correct section of the accounting equation. Once the
Select the accounts that will be impacted by the transaction described below and drag them to the correct section of the accounting equation. Once the T-account appears, choose the date from the drop-down menu, and enter the appropriate amount as debit or credit.
On 4/1/14, Alphatestah, a software company,purchased office furniture for $24,000 on credit.
On 4/30/14, Alphatestah, a software company,makes paymentfor $24,000 for office furniture that they purchased on credit.
CASH
ACCOUNTS RECEIVABLE
PROPERTY, PLANT, & EQUIPMENT
INVESTMENTS
NOTES PAYABLE
SALES
COST OF GOODS SOLD
INVENTORY
PAID-IN CAPITAL
ACCOUNTS PAYABLE
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