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The following transactions occurred during March 2 0 2 4 for the Right Corporation. The company operates a wholesale warehouse. Issued 4 3 , 0
The following transactions occurred during March for the Right Corporation. The company operates a wholesale warehouse. Issued shares of nopar common stock in exchange for $ in cash. Purchased equipment at a cost of $ Cash of $ was paid and a note payable to the seller was signed for the balance owed. Purchased inventory on account at a cost of $ The company uses the perpetual inventory system. Credit sales for the month totaled $ The cost of the goods sold was $ Paid $ in rent on the warehouse building for the month of March. Paid $ to an insurance company for fire and liability insurance for a oneyear period beginning April Paid $ on account for the inventory purchased in transaction Collected $ from customers on account. Recorded depreciation expense of $ for the month on the equipment. Post the above transactions to the below Taccounts. Assume that the opening balances in each of the accounts is zero. Prepare a trial balance from the ending account balances. Complete this question by entering your answers in the tabs below. T Accounts Trial Balance Post the above transactions to the below Taccounts. Assume that the opening balances in each of the accounts is zero. Note: Enter the number of the transaction in the column next to the amount. tableCashBeginning Balance, tableAccounts receivable,Beginning Balance, The following transactions occurred during March for the Right Corporation. The company operates a wholesale warehouse. Issued shares of nopar common stock in exchange for $ in cash. Purchased equipment at a cost of $ Cash of $ was paid and a note payable to the seller was signed for the balance owed. Purchased inventory on account at a cost of $ The company uses the perpetual inventory system. Credit sales for the month totaled $ The cost of the goods sold was $ Paid $ in rent on the warehouse building for the month of March. Paid $ to an insurance company for fire and liability insurance for a oneyear period beginning April Paid $ on account for the inventory purchased in transaction Collected $ from customers on account. Recorded depreciation expense of $ for the month on the equipment. Post the above transactions to the below Taccounts. Assume that the opening balances in each of the accounts is zero. Prepare a trial balance from the ending account balances. Complete this question by entering your answers in the tabs below. T Accounts Trial Balce Prepare a trial balance from the ending account balances. tableTrial Balance,Account Title,Debits,Credits The following transactions occurred during March for the Right Corporation. The company operates a wholesale warehouse. Issued shares of nopar common stock in exchange for $ in cash. Purchased equipment at a cost of $ Cash of $ was paid and a note payable to the seller was signed for the balance owed. Purchased inventory on account at a cost of $ The company uses the perpetual inventory system. Credit sales for the month totaled $ The cost of the goods sold was $ Paid $ in rent on the warehouse building for the month of March. Paid $ to an insurance company for fire and liability insurance for a oneyear period beginning April Paid $ on account for the inventory purchased in transaction Collected $ from customers on account. Recorded depreciation expense of $ for the month on the equipment. Post the above transactions to the below Taccounts. Assume that the opening balances in each of the accounts is zero. Prepare a trial balance from the ending account balances. Complete this question by entering your answers in the tabs below. T Alccounts Trial Balanc
The following transactions occurred during March for the Right Corporation. The company operates a wholesale warehouse.
Issued shares of nopar common stock in exchange for $ in cash.
Purchased equipment at a cost of $ Cash of $ was paid and a note payable to the seller was signed for the balance owed.
Purchased inventory on account at a cost of $ The company uses the perpetual inventory system.
Credit sales for the month totaled $ The cost of the goods sold was $
Paid $ in rent on the warehouse building for the month of March.
Paid $ to an insurance company for fire and liability insurance for a oneyear period beginning April
Paid $ on account for the inventory purchased in transaction
Collected $ from customers on account.
Recorded depreciation expense of $ for the month on the equipment.
Post the above transactions to the below Taccounts. Assume that the opening balances in each of the accounts is zero. Prepare a trial balance from the ending account balances.
Complete this question by entering your answers in the tabs below.
T Accounts
Trial Balance
Post the above transactions to the below Taccounts. Assume that the opening balances in each of the accounts is zero.
Note: Enter the number of the transaction in the column next to the amount.
tableCashBeginning Balance,
tableAccounts receivable,Beginning Balance,
The following transactions occurred during March for the Right Corporation. The company operates a wholesale warehouse.
Issued shares of nopar common stock in exchange for $ in cash.
Purchased equipment at a cost of $ Cash of $ was paid and a note payable to the seller was signed for the balance owed.
Purchased inventory on account at a cost of $ The company uses the perpetual inventory system.
Credit sales for the month totaled $ The cost of the goods sold was $
Paid $ in rent on the warehouse building for the month of March.
Paid $ to an insurance company for fire and liability insurance for a oneyear period beginning April
Paid $ on account for the inventory purchased in transaction
Collected $ from customers on account.
Recorded depreciation expense of $ for the month on the equipment.
Post the above transactions to the below Taccounts. Assume that the opening balances in each of the accounts is zero. Prepare a trial balance from the ending account balances.
Complete this question by entering your answers in the tabs below.
T Accounts
Trial Balce
Prepare a trial balance from the ending account balances.
tableTrial Balance,Account Title,Debits,Credits
The following transactions occurred during March for the Right Corporation. The company operates a wholesale warehouse.
Issued shares of nopar common stock in exchange for $ in cash.
Purchased equipment at a cost of $ Cash of $ was paid and a note payable to the seller was signed for the balance owed.
Purchased inventory on account at a cost of $ The company uses the perpetual inventory system.
Credit sales for the month totaled $ The cost of the goods sold was $
Paid $ in rent on the warehouse building for the month of March.
Paid $ to an insurance company for fire and liability insurance for a oneyear period beginning April
Paid $ on account for the inventory purchased in transaction
Collected $ from customers on account.
Recorded depreciation expense of $ for the month on the equipment.
Post the above transactions to the below Taccounts. Assume that the opening balances in each of the accounts is zero. Prepare a trial balance from the ending account balances.
Complete this question by entering your answers in the tabs below.
T Alccounts
Trial Balanc
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