T$-$Accounts

CASH Land Accounts Payable Sales Salaries Expense

$$120,00012,000$ $$68,000$ $$50,00052500500,00035,000$

$400,00050,000180,00017,000$

$80,0005,0007,000500,00052,000$

$4,5004,500$

$12,000$ Equipment $232,500$

$300100,00050000$ COGS Utilities Expense

$4,00050,000250,0005,000$

$3,0007,00034,000$ Salaries Payable $10000$

$100,000$ Impairment Loss

$50,000$