Question

2-Apply: Exercise Saved 2 The followingT accounts show transactions that were recorded by Residentlal Relocators, a firm that specializes in local housing rentals. The entries for the first transaction are labeled with the letter (a), the entries for the second transaction with the letter (b), an SO on Cash (a) 181,e00 (d) 21,000 (s) 2,100 Equipment 71,eee Accounts Receivable (b) (e) (h) (i) 37,000 (c) 610 (f) 8,200 (в) 2,100 nts 10,100 4,180 Accounts Payable Supplies 37,000 Wade Wilson, Capital (c) 71,000 (ь? (a) 181,000 Fees Income (d) (f) Telephone Expense (e) Wade Wilson, Drawing (i) 21,ee0 610 4,100 8,200 Salaries Expense 10,100 (h) Determine the balance of each actount Balance Cash Accounts Receivable Suppies Equipment raw Mill <Prev 2 of 10 Noxt

Answer 1

Cash Equipment b 71000 Balance 181000 37000 а с d 21000 Bal. Cash 152290 610 71000 e Accounts Receivable 2100 10100 6100 g Supplies Equipment Accounts Payable Wade Wilson, Capital Accounts Receivable 37000 i 4100 f 71000 Bal 152290 8200 2100 g Bal. 6100 71000 Accounts Payable 181000 Wade Wilson, Drawing 71000 Supplies 4100 C Fees Income Telephone Expense Salaries Expense Bal. b 71000 37000 29200 Bal. 37000 610 Wade Wilson, Capital 10100 181000 Fees Income а Bal. di 181000 21000 f 8200 Telephone Expense 29200 Bal 610 е Bal. Salaries Expense 610 h 10100 Wade Wilson, Drawing Bal 10100 4100 Bal 4100