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The following transactions occurred during June for Campus Cycle Shop. Record the transactions below in the T accounts. Place the letter of the transaction next
The following transactions occurred during June for Campus Cycle Shop. Record the transactions below in the T accounts. Place the letter of the transaction next to the entry, Foot and calculate the ending balances of the T accounts where appropriate a. Tyler invested 56,500 in the bike service from his personal savings account. b. Bought office equipment for cash, 5900 c. Performed bike service for a customer on account, $1,000. d. Company cell phone bill received, but not paid. S80 e Collected $300 from customer in transactionc 1. Tyler withdrew $100 for personal use. Paragraph BI UA iiii + ... Cash 101 Accounts Receivable 112 DR CR DR CR Cash 101 Accounts Receivable 112 DR CR DR CR Office Equipment 150 Accounts Payable 201 DR CR DR CR Office Equipment 150 Accounts Payable 201 DR CR DR CR I Tyler, Capital 301 Tyler, Withdrawal 302 DR CR DR CR Bike Revenue 401 Telephone Expense 501 DR CR DR CR
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