Question: The following transactions occurred in the opening and operation of

The following transactions occurred in the opening and operation of Bryce’s Delivery Service.
a. Bryce Orwell opened the delivery service by investing $28,000 from his personal savings account.
b. Purchased used delivery trucks on account, $12,000.
c. Rent expense due but unpaid, $1,200.
d. Received cash for delivery, $2,100.
e. Billed a client on account, $300.
f. Bryce withdrew cash for personal use, $800.
Complete a transaction analysis chart for each of the transactions. The chart of accounts includes Cash; Accounts Receivable; Delivery Trucks; Accounts Payable; Bryce Orwell, Capital; Bryce Orwell, Withdrawals; Delivery Fees Earned; and Rent Expense.


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  • CreatedApril 24, 2014
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