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The chart of accounts used by Speedi-Copy Corporation is listed below. You are to indicate the proper account to be debited and account to be
The chart of accounts used by Speedi-Copy Corporation is listed below. You are to indicate the proper account to be debited and account to be credited for the following transactions by entering the number in the appropriate boxes. Dollar values are not required. Speedi-Copy records all prepaid costs as assets and all revenue collected in advance as liabilities. If no entry is required please enter a zero (0) in each box.
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100 120 150 170 180 220 250 280 Cash Accounts Receivable Inventory Prepaid expenses Equipment & Machines Accounts Payable Note Payable Unearned revenue 300 350 370 400 510 520 530 540 Common Shares Retained Earnings Dividends Advertising expense Wages expense Rent expense Office supplies expense
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