Question: Record these transactions using the spreadsheet below: a. Invested cash in Shaw Company $8800 b. Purchased a 3 year insurance policy $6552 c. Purchased

Record these transactions using the spreadsheet below: a. Invested cash in ShawCompany $8800 b. Purchased a 3 year insurance policy $6552 c. PurchasedSupplies on account $1000 d. Provided services on account for $27400 e.

Record these transactions using the spreadsheet below: a. Invested cash in Shaw Company $8800 b. Purchased a 3 year insurance policy $6552 c. Purchased Supplies on account $1000 d. Provided services on account for $27400 e. Paid wages of $6650 f. Paid utilities for the month $900 g. Paid rent of $2200 h. Paid miscellaneous expenses of $500 i. Withdrew funds for personal reasons in the amount of $4100 Use the list of Accounts to enter into the "Account" section of the table. A B C D 1 2 B Assets Account Name = Liabilities Account Name + 4 Cash Accounts Payable 5 Accounts Receivable Notes Payable 5 7 Prepaid Insurance B 9 Supplies Prepaid Rent Equipment 0 1 E Stockholders' Equity Account Name Common Stock Retained Earnings Dividends Fees Earned Wage Expense Rent Expense Utilities Expense Miscellaneous Expense F G Assets Date Account Beginning balance a. b. b. C. d. e. f. g. h. i. Ending balance Liabilities Owner's Equity Amount Account Amount Account $0 $0 Amount $0

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a Invested cash in Shaw Company 8800 Account Cash Debit 8800 Account Common Stock Credit 8800 Explanation This transaction increases the companys cash ... View full answer

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