Regina Delgado, owner of Hot Suds Car Wash, uses these accounts: In your working papers: 1. Determine
Question:
Regina Delgado, owner of Hot Suds Car Wash, uses these accounts:
In your working papers:
1. Determine which accounts are affected for each transaction.
2. Prepare T accounts for the accounts affected.
3. Enter the amount of the debit and the amount of the credit in the T accounts.
Transcribed Image Text:
General Ledger 101 Cash in Bank 401 Wash Revenue 510 Maintenance Expense 520 Rent Expense 125 Office Equipment 205 Accounts Payable- O'Brian's Office Supply 301 Regina Delgado, Capital 305 Regina Delgado, Withdrawals
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