Question

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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