Regina Delgado owns a business called Hot Suds Car Wash. She uses the following accounts: For each
Question:
Regina Delgado owns a business called Hot Suds Car Wash. She uses the following accounts:
For each transaction:
1. Determine which accounts are affected.
2. Prepare T accounts for the accounts affected.
3. Enter the debit and credit amounts in the T accounts.
Transcribed Image Text:
General Ledger 101 Cash in Bank 110 Accounts Receivable- Valley Auto 125 Office Equipment 130 Office Furniture 135 Car Wash Equipment 201 Accounts Payable- Allen Vacuum Systems 301 Regina Delgado, Capital
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1 Transaction 1 Affected Accounts 101 Cash in Bank 301 Regina Delgado Capital T Acco...View the full answer
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