Question

Hanlon P3.59.docx (Protected View) - Word Mailings Review View Help Tell me what you want to do viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing cash this REY 10.000 month PPOA 8000 Cash 8000 PPDA 8.000 8,000 Cash +8,000 Prepaid Advertising 4. The company purchased advertising for $8,000 cash, the ads will run next month Cash 8.000 1.200 1.200 +1,200 Cash AR Cash 1200 - 1,200 Accounts Receivable 5 The company TOCoved $1.200 cash as partial payment on accounts Teivable from transaction 2 AR 1,200 AP 3.400 Car 3.400 AP 3,400 -3,400 Cash 3.400 Accounts Payable 6. The company paid $3.400 cash toward accounts payable I Cash 3,400 continued RE

Answer 1

1. Company purchsed 8000 advertising
Prepaid advrtising	8000
Cash			8000
2. Company received 1200 cash
Cash		1200
Accounts receivable	1200
3. Compnay paid $3400 cash
Accounts payable	3400
Cash			3400
Cash A/C		Prepaid advertising
	8000		8000
1200
	3400		A/C payable
			3400
A/c receivable
	1200