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Week 2: The Debit and Credit System Downloads MGMT E Open file The Debit and Credit System Sharons Stones 1 [Protected View) Microsoft Excel
Week 2: The Debit and Credit System Downloads MGMT E Open file The Debit and Credit System Sharons Stones 1 [Protected View) Microsoft Excel (Product Activation Faned) Review View File Home Insert Page Layout Formulas Data Protected View This file originated from an Internet location and might be unsafe. Click for more details. A1 A Enable Editing f Post the following transactions into the T-accounts below: F B C D E H 1 Post the following transactions into the T-accounts below: 2 3 a) 4 b) Aug 2, 2024- An entrepreneur, Sharon, invests $2,000 cash and $3,000 equipment into her new small business. Aug 6, 2024- Sharon obtains a $3,000 bank loan. 5 c) Aug 11, 2024- Sharon purchases $1,200 of inventory on account. 6 d) Aug 14, 2024- Sharon compltes a $150 cash jewellery repair for Karen. 7 e) Aug 18, 2024- Sharon pays a $220 utilities bill. 8 f) Aug 21, 2024- Sharon completes a $900 sale on account to Hugh. The goods had cost her $400. 9 g) 10 h) 11 i) Aug 25, 2024- Hugh pays half of his owed debt to Sharon. Aug 29, 2024- Sharon repays $750 of her bank loan.. Aug 31, 2024- Sharon withdraws $300 cash from her business. 12 13 14 15 16 17 18 19 20 21 Sheet1 Ready K M 100% -
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