1010 1. Add the following Chart of Accounts: Bank - Chequing 1600-200 Revenue from Textbook Sales...

Transcribed Image Text:

1010 1. Add the following Chart of Accounts: Bank - Chequing 1600-200 Revenue from Textbook Sales 1030 1 Bank Credit Card 1620-100 Sales Discounts 1100 Accounts Receivable 1620-200 Sales Discounts 1120 Office Supplies 1700-100 1130 Textbooks 1700-200 Advertising Expense Advertising Expense 1200 Computer 1710-100 Credit Card and Bank Fees 1220 Copier/Fax/Scanner 1710-200 Credit Card and Bank Fees 1240 Office Furniture 1720-100 Automobile Expense 1260 Vehicle 1720-200 Automobile Expense 1280 Building 1730-100 Office Expense 1300 Accounts Payable 1730-200 Office Expense 1320 Credit Card Payable 1740-100 Utilities Expense 1340 GST/HST Payable 1740-200 Utilities Expense 1360 GST/HST Recoverable 1750-100 Insurance Expense 1400 Bank Loan 1750-200 Insurance Expense 1420 Mortgage Payable 1760-100 Telephone Expense 1500 Yourname, Capital 1760-200 Telephone Expense 1520 Retained Earnings 1810-100 Other Expenses 1600-100 Revenue from Consulting 1810-200 Other Expenses 1010 1. Add the following Chart of Accounts: Bank - Chequing 1600-200 Revenue from Textbook Sales 1030 1 Bank Credit Card 1620-100 Sales Discounts 1100 Accounts Receivable 1620-200 Sales Discounts 1120 Office Supplies 1700-100 1130 Textbooks 1700-200 Advertising Expense Advertising Expense 1200 Computer 1710-100 Credit Card and Bank Fees 1220 Copier/Fax/Scanner 1710-200 Credit Card and Bank Fees 1240 Office Furniture 1720-100 Automobile Expense 1260 Vehicle 1720-200 Automobile Expense 1280 Building 1730-100 Office Expense 1300 Accounts Payable 1730-200 Office Expense 1320 Credit Card Payable 1740-100 Utilities Expense 1340 GST/HST Payable 1740-200 Utilities Expense 1360 GST/HST Recoverable 1750-100 Insurance Expense 1400 Bank Loan 1750-200 Insurance Expense 1420 Mortgage Payable 1760-100 Telephone Expense 1500 Yourname, Capital 1760-200 Telephone Expense 1520 Retained Earnings 1810-100 Other Expenses 1600-100 Revenue from Consulting 1810-200 Other Expenses

Answer rating: 100% (QA)

Here is the updated Chart of Accounts 1010 Bank Chequing 1030 Bank Credit Card 1100 Accounts Receiva... View the full answer