Using the following information I want you to calculate the net income/loss of the company, Only a portion of the accounts are listed so A-L.OE will not equal Salaries $400 A/P Stables 34 Cash 123 Advertising 789 Sales of Parts 4321 Fees Earned 6543 Rent Expense 689 Miscellaneous Expense 45 Utilities Expense 54 Capital 6000 A/R - Mr Smith 202 Record the debit and credit for each of the following transactions. Put for any item not affected Assets Latities Equity Credit Debit Credit Deber Debir Credit (decrease) (increase) (decrease) (increase (increase) (decrease) 1. Purchased a $10,000 truck on credit 2. Borrowed $5,000 cash from the bank LIIDID IDIIDI 100000 10000 DIDINT 3. Paid $2,000 of the bank loon in cosh 4. Paid $600 in advance for a one year insurance policy. 5 Received $500 in advance from a renter for next month's rental of office space 10,000 500 5.000 600 2000 Check Required. Record the debit and credit in the appropriate account for each of the following transaction Deber Credit 1. ssd shore capital for coh 2. Purchased equipment on credit Paid for one year insurance policy Lied a customer for repairs completed today 5. Poid this month's rent & Collected the amount bed in transaction above DES 7. Collected con for repairs completed today Poid for the equipment previously purchased Signed union contract 10 Collected for repairs to be made for customers next mon Il transferred this month portion of products once ACCecevole recept De Coca Casti For the sewing machine appropriate cor Choose Be poyable Eeme A Hay Lab Contelephone Revenue,expense, asset and liability Chaco Costach C. ten Che. Mod | Thn C | of the NCHISE sene Co Cho Come + Liability, asset, expense, equity and revenue You Using the following information I want you to calculate the net income/loss of the company, Only a portion of the accounts are listed so A-L.OE will not equal Salaries $400 A/P Stables 34 Cash 123 Advertising 789 Sales of Parts 4321 Fees Earned 6543 Rent Expense 689 Miscellaneous Expense 45 Utilities Expense 54 Capital 6000 A/R - Mr Smith 202 Record the debit and credit for each of the following transactions. Put for any item not affected Assets Latities Equity Credit Debit Credit Deber Debir Credit (decrease) (increase) (decrease) (increase (increase) (decrease) 1. Purchased a $10,000 truck on credit 2. Borrowed $5,000 cash from the bank LIIDID IDIIDI 100000 10000 DIDINT 3. Paid $2,000 of the bank loon in cosh 4. Paid $600 in advance for a one year insurance policy. 5 Received $500 in advance from a renter for next month's rental of office space 10,000 500 5.000 600 2000 Check Required. Record the debit and credit in the appropriate account for each of the following transaction Deber Credit 1. ssd shore capital for coh 2. Purchased equipment on credit Paid for one year insurance policy Lied a customer for repairs completed today 5. Poid this month's rent & Collected the amount bed in transaction above DES 7. Collected con for repairs completed today Poid for the equipment previously purchased Signed union contract 10 Collected for repairs to be made for customers next mon Il transferred this month portion of products once ACCecevole recept De Coca Casti For the sewing machine appropriate cor Choose Be poyable Eeme A Hay Lab Contelephone Revenue,expense, asset and liability Chaco Costach C. ten Che. Mod | Thn C | of the NCHISE sene Co Cho Come + Liability, asset, expense, equity and revenue You
