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wha am I missing? The following transactions occur for the Wolfpack Shoe Company during the month of June: a. Provide services to customers for $20,000
wha am I missing?
The following transactions occur for the Wolfpack Shoe Company during the month of June: a. Provide services to customers for $20,000 and receive cash. b. Purchase office supplies on account for $10,000. c. Pay $5,000 in salaries to employees for work performed during the month. 3. Post the transactions to T-accounts. Assume the opening balance in each of the accounts is zero. X Answer is not complete. Service Revenue Cash 0 Beg. Bal. 0 Beg Bal 20.000 (a) 20,000 0 5,000 0 20.000 15.000 End. Bal. End Bal Supplies Accounts Payable 0 10.000 0 Beg Bai Beg. Bal. Elb) 10.000 X Answer is not complete. Service Revenue Beg. Bal (a) Beg Bal Cash 0 20.000 0 15.000 5,000 0 20.000 0 20.000 End. Bal. End. Bal Beg. Bal. (b) Supplies 0 10,000 oo Beg Bal Accounts Payable 0 10,000 End. Bal 10,000 End. Bal 10,000 Salaries Expense 0 Beg. Bal. 0 (c) End. Bal 5,000 5,000Step by Step Solution
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