(Use the information in the accounting equation spreadsheet to make journal entries, LO 2, 3,5) For each...
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(Use the information in the accounting equation spreadsheet to make journal entries, LO 2, 3,5) For each transaction recorded in the accounting equation spreadsheet below, prepare the corresponding journal entry.
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Accounts Transaction. Prepaid Capital Cash Receivable Inventory Rent Assets Accumulated Bank Accounts Unearned Amortization Loan Payable Revenue 1 20,000 2 10,000 3 (12,000) 25,000 4 10,000 5 10,000 11,000 7 (12,000) 8 8,000 (8,000) 9 (1,000) 10,000 13,000 10,000 (12,000) (900) 10 2,000 2,000 11 (5,000) 12 (2,000) 13 (8,000) 14 (2,500) 15
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