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T ACCOUNTS: Exercise 1 MAKE A T accounts for the submitted transactions. Construcciones de la Montaa had the following transactions in April: April 1 Paid

T ACCOUNTS:

  • Exercise 1

MAKE A T accounts for the submitted transactions.

Construcciones de la Montaa had the following transactions in April:

April 1 Paid utilities expense for $ 700

4 Materials (supplies) were purchased in cash $ 1,500

6 A construction was made to a client for $ 9,000 and they paid for it in cash.

10 A roof of a house was worked for $ 4,000 on credit.

12 Construction equipment was purchased for $ 2,500 on credit.

15 One month's rent was paid for $ 1,500.

18 They bought a truck on credit for $ 20,000.

20 A payment was made to the account of the truck purchased for $ 1,200.

  • Exercise 2

MAKE A T accounts for the submitted transactions.

Carlos Rodrguez started a business dedicated to construction. During the first month, the following transactions were carried out

February 1 Carlos Rodrguez made an initial investment in the business for $ 40,000.

4 Materials (supplies) were purchased for $ 2,000 in cash.

6 A construction was made to a client for $ 7,000 and they paid for it in cash.

10 A roof of a house was worked for $ 4,000 on credit.

12 Construction equipment was purchased for $ 1,300 on credit.

15 One month's rent was paid for $ 1,800.

18 A truck was purchased on credit for $ 25,000.

20 A payment was made to the account of the truck purchased for $ 1,000.

  • Exercise 3

MAKE A T accounts for the submitted transactions.

During the month of May 2020, Bruno Ayala, an accountant, opened an office and carried out the following transactions:

February 1 An investment was made to open the office for $ 30,000.

2 Monthly rent was paid for $ 1,400.

4 Money was received from a customer for $ 600 for a service.

6 Materials were purchased for $ 500 in cash.

10 Services were performed to a customer on credit for $ 1,000.

12 Office equipment was purchased on credit for $ 1,500.

14 There were gasoline expenses of $ 100.

16 A payment is received from the customer who received the credit service for $ 600.

18 Administrative assistant salary was paid for $ 2,500.

THANKS !!!

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