You have been given the following guide regarding the chart of accounts for Paquette Advisors: 100-199 Assets
Question:
100-199 Assets 400-99 Revenues
200-299 Liabilities 500-599 Expenses
300-399 Equity
Using the account information from Exercise 2-6, develop a chart of accounts for Paquette Advisors.
Transcribed Image Text:
Cash Accounts Receivable Office Equipment 15,000 3,800 22,500 Accounts Payable Unearned Revenue Aaron Paquette, Capital 8,000 2,600 9,500 Aaron Paquette, Consulting Revenues Salaries Expense Withdrawals 41,700 10,000 2,000 Utilities Expense Rent Expense 7.500 1,000
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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