Question: plz answer (4 marks) Question 3 transactions were completed by Thomson Company during August Sara Thomson is the president and operates the Thomson Company. The
(4 marks) Question 3 transactions were completed by Thomson Company during August Sara Thomson is the president and operates the Thomson Company. The following selected Identify the impact of the following transactions and show in the table given below 1 Received cash from the stockholder as additional investment $15,000 2. Paid creditors on account $3,000. 3. Billed customers for services on account, $7,665 4. Received cash from customers on accounts $5,645. 5. Paid cash dividends, $3,500. 6. Received electric bill $60, to be paid next month. Note: Each transaction has two entries. Acct Type (1) Entry Name of Amount Acct (2) (3) Increase or Decrease (4) Acct Type (1) Entry Name of Amount Acct (2) (3) 3 Increase or Decrease (4) DONNA 4
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