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The following information was taken from the personal records of Justin Knight on May 31, 2021. Opening Balances Cash $3,900 Computer $2,400 House $196,500

 

The following information was taken from the personal records of Justin Knight on May 31, 2021. Opening Balances Cash $3,900 Computer $2,400 House $196,500 Mortgage $103,400 Net Worth $99,400 The following transactions occurred during the month of June 2021. 1) Earned monthly salary of $5,060. 2) Paid $1,210 cash for miscellaneous expenses. 3) Purchased an automobile worth $9,620 on account. 4) Paid $780 cash for entertainment expenses. 5) Paid $410 cash for hydro. Do not enter dollar signs or commas in the input boxes. The T-Account fields are labeled by transaction number. Record each transaction by entering the value into the corresponding T- Account field. Required a) Complete the Cash T-Account to determine the ending balance of cash. Increase Cash Opening Balance Decrease

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