The following accounts are applicable to Tom's Warehouse Sweeps:

1. Cash

2. Accounts Receivable

3. Supplies

4. Prepaid Insurance

5. Equipment

6. Notes Payable

7. Accounts Payable

8. T. Henzel, Capital

9. T. Henzel, Withdrawals

10. Service Revenue

11. Rent Expense

12. Repair Expense

Tom's Warehouse Sweeps completed the following transactions.

Required
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, if appropriate.

Transcribed Image Text:

Debit Credit a. Paid for supplies purchased on credit last month b. Billed customers for services performed c. Paid the current month's rent d. Purchased supplies on credit e. Received cash fron customers for services performed but not yet billed. f. Purchased equipment on account g. Received a bil or repairs. h. Reurned par of the equipment purchased in f for a credit. i. Received paymens from customers previously billed j. Paid the bill received in g k. Received an order for services to be performed. 1. Paid for repairs with cash m. Made a payment to reduce the principal of the note payable n. Made a cash withdrawal