Question: The following Problem will use the Numbers to complete the chart: 1. (5 points) Given the following chart of accounts, what 2digit codes and $

The following Problem will use the Numbers to complete the chart:

1. (5 points) Given the following chart of accounts, what 2digit codes and $ amount would you assign to each of the transactions listed below? Some may have two entries. Transaction code (lst digit): 1 i ordinary income 6 7 operating expense 2 7 capital asset sales 7 7 capital asset purchases 3 new loans received 8 loan principal repaid Enterprise code (2nd digit): 1 tomatoes 2 7 sweet corn 3 * pumpkins -_m a. $900 received from sale of tomatoes at the farmers market _ _ tomatoes ___ __ o aid for weedin - note on will have two entries for b _ c. $3, 000 said for construction of a roadside stand to sell sweetcorn _ (1. $800 borrowed (loan) for purchase of materials for the roadside stand -- for sweet corn

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