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Your co-worker wanted the afternoon off and you graciously agreed to finish up his work for him. Use the completed journal entries provided and post
Your co-worker wanted the afternoon off and you graciously agreed to finish up his work for him. Use the completed journal entries provided and post them to their T-accounts. Assume all accounts start with a zero balance. Compute the balance of each account and mark it as Bal. Click the icon to view the journal entries.) (If a box is not used in the t-accounts leave the box empty; do not select a label or enter a zero.) Cash Medical Supplies Accounts Payable Apr 1 37000 Bal. Bal. Bal. Bal. Bal. Bal. Tony Moore, Capital Service Revenue Rent Expense Bal. Bal Bal. Bal. Bal. Bal. More Info Journal Entry Date Accounts Debit Credit Apr 1 Cash 37,000 37,000 Apr 9,500 9,500 Apr Tony Moore, Capital Received investment from owner. 2 Medical Supplies Accounts Payable Purchased supplies on account. 2 Rent Expense Cash Paid office rent for April. 3 Cash Service Revenue Performed service for cash. 4,300 4,300 Apr 6,800 6,800 Apr 2,900 5 Accounts Payable Cash 2.900 Partial payment of balance on account. Print Done
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