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The following T-accounts indicate the effects of normal business transactions: Notes Payable 1/1 1/1 Equipment 550 330 260 Notes Receivable 70 ? 305 330 1/1

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The following T-accounts indicate the effects of normal business transactions: Notes Payable 1/1 1/1 Equipment 550 330 260 Notes Receivable 70 ? 305 330 1/1 ? 170 310 100 12/31 12/31 12/31 Required: 2. For each T-account, compute the missing amounts. Missing amounts Equipment Notes receivable Notes payable

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