Question: PROBLEM 2-3A S. Myers, a speech therapist, opened a dlinic in the name of Myers Clinic. Her accountant prepared the following chart of accounts: Assets
PROBLEM 2-3A S. Myers, a speech therapist, opened a dlinic in the name of Myers Clinic. Her accountant prepared the following chart of accounts: Assets Cash Accounts Receivable Office Equipment Office Furniture Owner's Equity S. Myers, Capital S. Myers, Drawing Revenue Professional Fees Expenses Salary Expense Rent Expense Utilities Expense Miscellaneous Expense Liabilities Accounts Payable The following transactions occurred during June of this year: a. Myers deposited $40,000 in a bank account in the name of the business b. Bought waiting room chairs and tables (Office Furniture) on account, $1,330. c. Bought a fax/copier/scanner combination (Office Equipment) from Maxs Equipment for $595, paying $200 in cash and placing the balance on account, Ck. No. 1001. Bought an intercom system (Office Equipment) on account from Regan Office Supply, $375 d
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