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Activity 1.a - Post Transactions to T-accounts

Use the information provided in the journal entry to post the transaction to the t-account. Post in DR/CR order.

Use the information provided in the journal entry to post the transaction to the t-account. Post in DR/CR order Date Accounts and Explanation Debit Credit Nov. 2 Utilities Expense 43,600 Utilities Payable 43,600 Accrued liability for utilities. Date Accounts and Explanation Debit Credit Nov. 4 Cash 47,200 Service Revenue 47,200 Collected cash for services Date Accounts and Explanation Debit Credit Nov. 8 Accounts Receivable 21,500 Service Revenue 21,500 Provided services on account. Date Accounts and Explanation Debit Credit Nov. 10 Building 16,700 Notes Payable 16,700 Purchase of building with note Date Accounts and Explanation Debit Credit Nov. 13 Notes Payable 36,200 Cash 36,200 Made payment on notes payable

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Utilities Expense
Debit Credit
Nov 2 $ 43,600
Utilities Payable
Debit Credit
Nov 2 $ 43,600
Cash
Debit Credit
Nov 4 $ 47,200
Service Revenue
Debit Credit
Nov 4 $ 47,200
Accounts Receivable
Debit Credit
Nov 8 $ 21,500
Service Revenue
Debit Credit
Nov 8 $ 21,500
Buildings
Debit Credit
Nov 10 $ 16,700
Note Payable
Debit Credit
Nov 10 $ 16,700
Note Payable
Debit Credit
Nov 13 $ 36,200
Cash
Debit Credit
Nov 13 $ 36,200
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