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The following occurred during June at Youngs Professional Counseling. Post the following transactions into the appropriate T accounts. (Select the Debit account first, then the
The following occurred during June at Youngs Professional Counseling. |
Post the following transactions into the appropriate T accounts. (Select the Debit account first, then the Credit account.) |
Transaction 1. Purchased office supplies for $1,700 in cash. |
Transaction 2. Delivered monthly statements collected fee income of 27,500.
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Transaction 4. Completed professional counseling, billed client for $4,300. |
Transaction 5. Client paid fee of $2,300 for weekly counseling, previously billed. |
Transaction 6. Paid office salary of $3,300. |
Transaction 7. Paid telephone bill of $450. |
Transaction 8. Billed client for $3,300 fee for preparing a counseling memorandum. |
Transaction 9. Purchased office supplies of $970 on account
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