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The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. Cash (a) (d) 95,000
The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. Cash (a) (d) 95,000 (b) 23,000 (c) Equipment 40,000 15,000 (e) 350 (s) 1,500 (h) 5,500 (1) 2,500 Accounts Payable Supplies (c) 40,000 (b) 23,000 (h) (+) Accounts Receivable 5,000 (g) 1,500 Scott Hamilton, Capital (a) 95,000 Fees Income Telephone Expense 69 (d) (f) 15,000 5,000 (e) 350 (1) Scott Hamilton, Drawing 2,500 Salaries Expense 5,500
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