Question: Jose Loder established Bronco Consulting on August 1, 20Y2. The effect of each transaction and the balances after each transaction for August follow: Assets =
Jose Loder established Bronco Consulting on August 1, 20Y2. The effect of each transaction and the balances after each transaction for August follow: Assets = Liabilities + Owner's Equity Cash + Accounts Receivable + Supplies = Accounts Payable + Jose Loder Capital - Jose Loder Drawing + Fees Earned - Salaries Expense - Rent Expense - Auto Expense - Supplies Expense - Misc. Expense a. +27,000 +27,000 b. +2,350 +2,350 Bal. 27,000 2,350 2,350 27,000 c. +26,460 +26,460 Bal. 53,460 2,350 2,350 27,000 26,460 d. -7,300 -7,300 Bal. 46,160 2,350 2,350 27,000 26,460 -7,300 e. -1,130 -1,130 Bal. 45,030 2,350 1,220 27,000 26,460 -7,300 f. +18,600 +18,600 Bal. 45,030 18,600 2,350 1,220 27,000 45,060 -7,300 g. -5,130 -3,510 -1,620 Bal. 39,900 18,600 2,350 1,220 27,000 45,060 -7,300 -3,510 -1,620 h. -10,800 -10,800 Bal. 29,100 18,600 2,350 1,220 27,000 45,060 -10,800 -7,300 -3,510 -1,620 i. -1,400 -1,400 Bal. 29,100 18,600 950 1,220 27,000 45,060 -10,800 -7,300 -3,510 -1,400 -1,620 j. -6,800 -6,800 Bal. 22,300 18,600 950 1,220 27,000 -6,800 45,060 -10,800 -7,300 -3,510 -1,400 -1,620
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