Pamela Wong owns and operates Thunder Graphics Desktop Publishing. A partial list of the chart of accounts
Question:
Pamela Wong owns and operates Thunder Graphics Desktop Publishing. A partial list of the chart of accounts appears in your working papers.
Instructions
On the forms provided in your working papers:
1. Prepare a T account for each account listed.
2. Analyze and record each of the following business transactions in the appropriate T accounts. Identify each transaction by number.
3. After recording all transactions, compute a balance for each account.
4. Test for the equality of debits and credits.
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