The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in
Question:
(a) The entries for the second transaction with the letter
(b) And so on. Determine the balance of each account.
Transcribed Image Text:
Cash Equipment (a) 95,000(b) 23,000 350 1,500 (h) 5,500 ( 2,500 (c) 40,000 15,000 (e) Accounts Receivable Accounts Payable 000 1,500 (c) 40,000 Supplies Scott Hamilton, Capital (b) 23,000 (a) 95,000 Fees Income Telephone Expense (d 15,000 (f 5,000 Scott Hamilton, Drawing Salaries Expense 2,500 5,500
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
4th edition
Authors: David Haddock, John Price, Michael Farina
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