Question
The following occurred during June at Hicks Family Counseling. Post the following transactions into the appropriate T accounts. Transactions: Purchased office supplies for $1,400 in
The following occurred during June at Hicks Family Counseling. Post the following transactions into the appropriate T accounts. Transactions:
Purchased office supplies for $1,400 in cash.
Delivered monthly statements, collected fee income of $29,000.
Paid the current months office rent of $3,400.
Completed professional counseling, billed client for $4,600.
Client paid fee of $2,600 for weekly counseling, previously billed.
Paid office salaries of $3,000.
Paid telephone bill of $420.
Billed client for $3,600 fee for preparing a counseling evaluation.
Purchased office supplies of $940 on account.
Paid office salaries of $3,000.
Collected $3,600 from client who was billed.
Clients paid a total of $9,700 cash in fees.
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Post the following transactions into the appropriate T accounts. (Select the Debit account first, then the Credit account. Deductions to account balances should be indicated by a minus sign.)
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