Question

Problem 3.3A Using T accounts to record transactions involving revenues and expenses. LO 3-2, 3-4 The following occurred during June at Hicks Family Counseling. Post the following transactions into the appropriate Taccounts. Transactions: 1. Purchased office supplies for $6,000 in cash. 2. Delivered monthly statements, collected fee income of $52.000 3. Paid the current month's office rent of $10,000. 4. Completed professional counseling, billed client for $8,000. 5. Client paid fee of $4,000 for weekly counseling, previously billed. 6. Paid office salaries of $9.200. 7. Paid telephone bill of $1,160. 8. Billed client for $6,000 fee for preparing a counseling evaluation 9. Purchased office supplies of $2,200 on account 10. Paid office salaries of $9.200. 11. Collected $6,000 from client who was billed. 12. Clients paid a total of $18,200 cash in fees.

Answer 1

1)	Office supplies			Cash
	$6000				$6000
2)	Cash			Fees Income
	$52000				$52000
3)	Office Rent			Cash
	$10000				$10000
4)	Accounts Recievable			Fees Income
	$8000				$8000
5)	Cash			Accounts Recievable
	$4000				$4000
6)	Office salaries			Cash
	$9200				$9200
7)	Telephone bill			Cash
	$1160				$1160
8)	Accounts Recievable			Fees Income
	$6000				$6000
9)	Office supplies			Accounts payable
	$2200				$2200
10)	Office salaries			Cash
	$9200				$9200
11)	Cash			Accounts Recievable
	$6000				$6000
12)	Cash			Fees income
	$18200				$18200