Solution-Post the transactions into the appropriate T

Post the transactions into the appropriate T accounts

Assignment Help Accounting Basics

Reference no: EM132438991

Question - The accounts and balances for Paw Prints Pet Sitters on November 1 are provided below.

Cash	20,200	Fees Income	0
Accounts Receivable	960	Rent Expense	0
Office Equipment	3,600	Utilities Expense	0
Supplies	360	Salaries Expense	0
Accounts Payable	2,600
Kelly Connor, Capital	22,520
Kelly Connor, Drawing	0

The following transactions occurred during the month of November.

a. Collected $460 from credit customers.

b. Issued a check for $790 for November's rent.

c. Paid $1300 for salaries.

d. The owner withdrew $670 in cash for personal expenses.

e. Issued a check for $275 to pay the monthly utility bill.

f. Received $2,400 in cash for services performed.

g. Purchased office equipment for $1,460 on credit.

Required - Post the transactions into the appropriate T accounts.

Reference no: EM132438991

Questions Cloud

Draw a possible potential energy diagram of the reaction : How much energy would it take to melt 1 aluminum soda can if the can starts out at 20°C, melts at 660°C, and has a mass of 14 g?

Write the expression for the dissociation constant : Write the expression for the dissociation constant, Ka, for the acid. What is the value of Ka if a solution of formic acid contains

Electrical conductivity of solid versus melted states : A student put a bottle of water and a can of sugared soda in the freezer to chill them quickly. When she took them out, the bottle of water

Definitions of philosophy : Definitions of philosophy (Aristotle, Novalis, Wittgenstein) would you say gives you the best feel for philosophy? What is it about the definition that interest

Post the transactions into the appropriate T accounts : The owner withdrew $670 in cash for personal expenses. Paid $1300 for salaries. Post the transactions into the appropriate T accounts

Discuss the importance of organizational leadership : Explains the purpose and characteristics of developing an effective vision for a health care organization.Discuss the importance of organizational leadership

What is the total carbon concentration in mg : Alkaline water from a well in Lane County, Oregon contains carbonate (CO32-) at 10 mg/L and bicarbonate (HCO3-) at 296 mg /L.

History of healthcare compliance changed since inception : How has the history of healthcare compliance changed since its inception? Look at the ways in which penalties have increased in various ways.

Explain why benzoic acid crystalizes at low temperature : Explain why benzoic acid crystalizes at low temperature and dissolves at high temperature. Explain in terms of intermolecular forces and thermodynamics

User Account

All Pages

Post the transactions into the appropriate T accounts

Reference no: EM132438991

Reference no: EM132438991

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT