Selected transactions from the journal of Ann Wong, investment broker, are presented below (amounts in thousands). a. Post the transactions to T-accounts. b. Prepare a trial balance at August 31, 2020. Account Titles and Explanation Date Ref. Debit Credit Cash Aug. 5,000 Owner's Capital (Owner's investment of cash in business) 5,000 10 Cash 2,600 2,600 Service Revenue (Received cash
Chapter 2, Exercises #11
Selected transactions from the journal of Ann Wong, investment broker, are presented below (amounts in ¥ thousands).a. Post the transactions to T-accounts.
b. Prepare a trial balance at August 31, 2020.
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Related Book For
Accounting Principles
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
ISBN: 978-1119419617