Question

Exercise 3-14 (Part Level Submission) Selected transactions for Whispering Winds Corp. during its first month in business are
(c) Post the transactions to T-accounts. (Post entries in the order of information presented in the question.) Cash Accounts
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Answer #1
Cash
Sep 1 20,800 Sep 5 3,760
Sep 14 1,200
Sep 25 3,000
Sep 30 810
Bal 12,030
Account Recievable
Sep 8 18,000
Bal 18,000
Equipment
Sep 5 9,220
Bal 9,220
Account payable
Sep 25 3,000 Sep 5 5,460
Bal 2,460
Common stock
Sep 1 20,800
Bal 20,800
Service Revenue
Sep 8 18,000
Bal 18,000
Salaries expenses
Sep 14 1,200
Bal 1,200
Dividends
Sep 30 810
Bal 810
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