2. The following transactions apply to Mo's Auto Repair Service for the year 2020. 1) Issued...

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2. The following transactions apply to Mo's Auto Repair Service for the year 2020. 1) Issued stock to investors for $30,000 cash. 2) Purchased land for $24,000 cash. 3) Performed services on account for $34,000. 4) Collected $22,400 on accounts receivable. 5) Paid salary expense of $13,000. Requirement: Draw T-accounts (Ledger Accounts) and post the above transactions to the appropriate T-accounts. (Use the same T-account when necessary. For example a T-account for cash will be used several times) [16 points] 5.100 33.330 11333 Assels appearing on 2. The following transactions apply to Mo's Auto Repair Service for the year 2020. 1) Issued stock to investors for $30,000 cash. 2) Purchased land for $24,000 cash. 3) Performed services on account for $34,000. 4) Collected $22,400 on accounts receivable. 5) Paid salary expense of $13,000. Requirement: Draw T-accounts (Ledger Accounts) and post the above transactions to the appropriate T-accounts. (Use the same T-account when necessary. For example a T-account for cash will be used several times) [16 points] 5.100 33.330 11333 Assels appearing on

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Sure Here are the Taccounts Ledger Accounts for the transactions of Mos Auto Rep... View the full answer