Question: The following accounts are applicable to Raymond s Chimney Sweeps 1

The following accounts are applicable to Raymond’s Chimney Sweeps:
1. Cash
2. Accounts Receivable
3. Supplies
4. Prepaid Insurance
5. Equipment
6. Notes Payable
7. Accounts Payable
8. R. Foth, Capital
9. R. Foth, Withdrawals
10. Service Revenue
11. Rent Expense
12. Repair Expense
Raymond’s Chimney Sweeps completed the following transactions:

Analyze each transaction and show the accounts affected by entering the corresponding numbers in the appropriate debit or credit column as shown in transaction a. Indicate no entry, ifappropriate.
View Solution:

Sale on SolutionInn
  • CreatedMarch 26, 2014
  • Files Included
Post your question