Question
transactions, and post (LO2-2, 2-3, 2-4, 2-5) [The following information applies to the questions displayed below.] The following transactions occur for the Wolfpack Shoe
transactions, and post (LO2-2, 2-3, 2-4, 2-5) [The following information applies to the questions displayed below.] The following transactions occur for the Wolfpack Shoe Company during the month of June: a. Provide services to customers for $28,500 and receive cash. b. Purchase office supplies on account for $18,500. c. Pay $6,700 in salaries to employees for work performed during the month. Brief Exercise 2-10 (Algo) Part 3 3. Post the transactions to T-accounts. Assume the opening balance in each of the accounts is zero. Cash Debit Beginning Balance Ending Balance Service Revenue Credit Debit Credit Beginning Balance Ending Balance Supplies Accounts Payable Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Salaries Expense Debit Credit Beginning Balance Ending Balance Ending Balance
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