Balance of each account:
Cash | $80,150 |
Account Receivable ($5000- $1500) | $3500 |
Supplies | $23,000 |
Equipment | $40,000 |
Account Payable | $40,000 |
Wade wilson, Capital | $95,000 |
Wade wilson, Drawing | $2500 |
Fees Income ($15000 + $5000) | $20,000 |
Telephone Expense | $350 |
Salaries Expense | $5500 |
Explanation:
1) $95000 + $ 15000 + $ 1500 - $23000 - $350 - $5500 - $2500
= $80150
The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes...
The following accounts show transactions that were recorded by Residential 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), and so on. Cash Equipment Accounts Receivable (a) 174,000 (b) 30,000 (c) 64,000 (f) 11,200 (g) 1,400 (d) 14,000 (e) 540 (g) 1,400 (h) 9,400 (i) 3,400 Accounts Payable Supplies Wade Wilson, Capital (c) 64,000 (b) 30,000 (a) 174,000...
The following T accounts show transactions that were recorded by Residential 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), and so on Cash Equipment Accounts Receivable (a) 187,009 (d) 27,000 (g) 2,700 (b) 43,000 670 (h) 10,700 (i) 4,700 (c) 77,000 (f) 9,400 (9) 2,700 Accounts Payable Supplies Wade Wilson, Capital (c) 77,000 (b) 43, 000 (a)...
The following T accounts show transactions that were recorded by Residential 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), and so on. Cash (a) 185,000 (b) 41,000 (d) 25,000 (e) 650 (g) 2,500 (h) 10,500 (i) 4,500 Equipment (c) 75,000 Accounts Receivable (f) 9,000 (g) 2,500 Accounts Payable (c) 75,000 Supplies (b) 41,000 Wade Wilson, Capital (a)...
The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. Cash (a) 182,000 (b) 38,000 (d) 22,000 (e) 620 (g) 2,200 (h) 10,200 (i) 4,200 Equipment (c) 72,000 Accounts Receivable (f) 8,400 (g) 2,200 Accounts Payable (c) 72,000 Supplies (b) 38,000 Wade Wilson, Capital (a) 182,000 Fees Income (d) 22,000 (f) 8,400 Telephone Expense (e) 620 Wade Wilson, Drawing (i) 4,200 Salaries Expense (h) 10,200 Required: Prepare a statement of...
The following T accounts show transactions that were recorded by Residential 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), and so on. Equipment (c) 64,000 Cash (a) 174,000 (b) 30,000 (d) 14,000 (e) 540 (g) 1,400 (h) 9,400 (i) 3,400 Accounts Receivable (f) 11,200 (g) 1,488 Accounts Payable (c) 64,000 Supplies (b) 30,000 Scott Hamilton, Capital (a)...
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...
The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. Equipment 67,000 Accounts Receivable (f) 10,600 (g) (c) 1,700 (a) (d) (g) Cash 177,000 (b) 17,000 1,700 (h) (i) Accounts Payable (c) 33,000 570 9,700 3,700 67,000 Supplies 33,000 Wade Wilson, Capital (a) (b) 177,000 Fees Income Telephone Expense 570 Wade Wilson, Drawing (i) 3,700 (d) (f) 17,000 10,600 (e) Salaries Expense 9,700 (h) Required: Prepare a statement of owner's...
The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals Cash Equipment Accounts Receivable (a) 171,000 (d) 11,000 (g) 1,100 (b) 27, 000 (c) 61,000 (f) 11, 800 (9) 1, 100 (h) 9,100 (i) 3,100 Accounts Payable Supplies Wade Wilson, Capital (c) 61,000 27, 000 (a) 171,000 Telephone Expense Wade Wilson, Drawing ()3,100 Fees Income (d) 11,000 (f) 11,800 Salaries Expense (h)9.100 Required: Prepare a statement of owner's equity and...
The following T accounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. Cash Equipment Accounts Receivable (a) 185, 000 (d) 25,000 (g) 2,500 (b) 41,000 650 (h) 10,500 (i) 4,500 (c) 75, 000 (f) 9,000 9)2,500 Accounts Payable Supplies 41,000 Wade Wilson, Capital (a) (c) 75, 006 (b) 185,000 Telephone Expense Wade Wilson, Drawin (i) 4,500 Fees Income (d) 25,000 (f) 9,000 650 Salaries Expense (h) 10, 500 Required: Prepare a trial...
The following T accounts show transactions that were recorded by residential relocators, a firm that specializes in housing rentals. The entries for the first transaction are labeled with the letter (a), the entries for the second transaction with the letter (b), and so on Detemine me beiance of eech ccou co0 wade siisa Lapua Suppi win Drouwing Fees inca 33,000 Telepe expen Salaries experse (h) a,co Deternine the balante of each a.cou n Suppies Equuipmen Lees icame Salaries expense l