Question: 1. 2-M MASTERY PROBLEM (LO4,5), Pp. 53-54 (STATIC) QUESTION ASSETS Cash Accounts Receivable-Lee Chen Accounts Receivable-Parker McCure Supplies Prepaid Insurance Accounts Payable-West End Supplies Accounts




1. 2-M MASTERY PROBLEM (LO4,5), Pp. 53-54 (STATIC) QUESTION ASSETS Cash Accounts Receivable-Lee Chen Accounts Receivable-Parker McCure Supplies Prepaid Insurance Accounts Payable-West End Supplies Accounts Payable-Sullivan Supplies Sadie Dirks, Capital Sadie Dirks, Drawing Sales Advertising Expense Miscellaneous Expense Rent Expense Repair Expense Utilities Expense Gardens Plus uses the listed accounts. The T accounts have been prepared for you. Analyze each transaction into its debit and credit parts. Enter the debit and credit amounts in the proper T accounts to show how each transaction changes account balances. Enter the date of the transactions before each amount. (Hint: You must enter the transactions in the order in which they are listed.) 1. 2-M MASTERY PROBLEM (LO4,5), PP. 53-54 (STATIC) QUESTION ASSETS Gardens Plus uses the listed accounts. The T accounts have been prepared for you. Analyze each transaction into its debit and credit parts. Enter the debit and credit amounts in the proper T accounts to show how each transaction changes account balances. Enter the date of the transactions before each amount. (Hint: You must enter the transactions in the order in which they are listed.) Sadie Dirks, Drawing Sales Advertising Expense Miscellaneous Expense Rent Expense Repair Expense May May Utilities Expense
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