Question: WILLIANS DELIVERIES Liabilities Notes Payable Accounts Payable Common Stock $ $ s 17800 2 Purchased a used van for deliveries for $15,000. Linda paid $3,500

 WILLIANS DELIVERIES Liabilities Notes Payable Accounts Payable Common Stock $ $
s 17800 2 Purchased a used van for deliveries for $15,000. Linda
paid $3,500 cash and signed a note payable for the remaining balance.
3 Paid $600 for office rent for the month. 5 Performed $4,700

WILLIANS DELIVERIES Liabilities Notes Payable Accounts Payable Common Stock $ $ s 17800 2 Purchased a used van for deliveries for $15,000. Linda paid $3,500 cash and signed a note payable for the remaining balance. 3 Paid $600 for office rent for the month. 5 Performed $4,700 of services on account. 9 Declared and paid $300 in cash dividends: 12. Purchased supplies for $100 on account. 15 Recelved a cash payment of $1,100 for services performed on June 5. 17 Purchased gasoline for $300 on account. 20 Recelved $1,600 cash for services performed. 23 Made a cash payment of $500 on the note payable. 26 Paid $300 for utlilities 29 Paid for the gasoline purchased on account on June 17. 30 Paid $1,190 for employee salaries. Assets DateJune1$Cash$ 2 3 5 9 12 15 17 20 23 26 29 30 Accounts Receivable Supplies Equipr $ 5 Stockholders' Equity Retained Earnings Common Stock Revenues $ Expenses $ Dividends $

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!