Question: PLEASE CORRECT ALL THE RED Selected transactions from the journal of Kati Tillman, investment broker, are presented below. Date Account Titles and Explanation Ref. Debit

PLEASE CORRECT ALL THE RED Selected transactions from the journal of

PLEASE CORRECT ALL THE RED

Kati Tillman, investment broker, are presented below. Date Account Titles and Explanation Ref. Debit Credit Aug. 1 Cash 47,100 Common Stock 47,100 (Investment of

Selected transactions from the journal of Kati Tillman, investment broker, are presented below. Date Account Titles and Explanation Ref. Debit Credit Aug. 1 Cash 47,100 Common Stock 47,100 (Investment of cash for stock) 21,195 10 Cash 21,195 Service Revenue (Received cash for services performed) 12 Equipment 39,250 Cash 6,280 Notes Payable 32,970 (Purchased office equipment for cash and notes payable) 25 Account Receivable 12,560 Service Revenue 12,560 (Billed clients for services performed) 6,908 31 Cash Accounts Receivable 6,908 (Receipt of cash on account)

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