Question
Write transaction events for Mr. Williams following transactions: Cash Williams Capital Office Equipment LEFT SIDE Debit Increase + RIGHT SIDE Credit Decrease _ LEFT SIDE
Write transaction events for Mr. Williams following transactions:
Cash | Williams Capital | Office Equipment | |||
LEFT SIDE Debit Increase + | RIGHT SIDE Credit Decrease _ | LEFT SIDE Debit Increase + | RIGHT SIDE Credit Decrease _ | LEFT SIDE Debit Increase + | RIGHT SIDE Credit Decrease _ |
(1) 50000 (6) 10000 (8) 1500 | (2) 10000 (5) 1000 (7) 500 |
| (1) 50000 (6) 10000
| (2) 10000 (3) 5000
| (4) 2000
|
Accounts Receivable | Accounts Payable | Office Furniture | |||
LEFT SIDE Debit Increase + | RIGHT SIDE Credit Decrease _ | LEFT SIDE Debit Increase + | RIGHT SIDE Credit Decrease _ | LEFT SIDE Debit Increase + | RIGHT SIDE Credit Decrease _ |
(4) 2000
| (8) 1500 | (5) 1000 | (3) 5000 | (7) 500 |
|
1) Mr. Williams invested $50,000 in his new business. |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
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