The following list includes a series of accounts for B-Ball Corporation, which has been operating for three

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The following list includes a series of accounts for B-Ball Corporation, which has been operating for three years. These accounts are listed alphabetically and numbered for identification. Following the accounts is a series of transactions. For each transaction, indicate the account(s) that should be debited and credited by entering the appropriate account number(s) to the right of each transaction. If no journal entry is needed, write NE after the transaction. Transaction (a) is used as an example.

Account No. Account Title Account No. Account Title 1 Accounts Payable 8 Note Payable Prepaid Insurance Rent Expense Accounts Receivable 3 Cash 10 4 Contributed Capital 11 Service Revenue Equipment 12 Supplies Expense Income Tax Expense Income Tax Payable 13 Supplies 7

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Related Book For  answer-question

Fundamentals of Financial Accounting

ISBN: 978-1259269868

5th Canadian edition

Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh

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