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The transactions of Belle Company appear below. D. Belle created a new business and invested $6,200 cash, $6,000 of equipment, and $ 13,800 in web
The transactions of Belle Company appear below.
- D. Belle created a new business and invested $6,200 cash, $6,000 of equipment, and $ 13,800 in web servers in exchange for common stock.
- The company paid $4,800 cash in advance for prepaid insurance coverage. The company purchased $700 of supplies on credit.
4. The company paid $700 cash for selling expenses. The company received $4,600 cash for services provided.
- The company paid $700 cash toward accounts payable.
- The company paid $3,000 cash for equipment.
Fill in each of the following T-accounts for Belle Company's seven transactions listed here. The T-accounts represent Belle Company's general ledger. Code each entry with transaction number 1 through 7 (in order) for reference.
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