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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Tracy Migre, a certified public accounting, has completed the following transactions. Ms.Migres assests , liabilites, and owner equity account titles and balances are shown in the table below. use the table on the page to show the effect of each transaction. Transactions: 1)Owner invested additional cash in the buissness,$ 5,000. 2)Paid telephone bill,$600 . 3)Wrote a check to a creditor as partial payment on account,$500. 4)bought supplies on account, $150. 5)Recieved a check for accounting services, $300. 6)Owner invested office equipment in the bussines,$2,500. 7)Completed accounting services and agreed to accept payment later,$900. 8)Withdrew cash from the buissness for personal use,$2,000. 9)Recieved a check as partial payment on account $450. BIG TIP:each transaction has two entries.Dont forget beginning balances. (Cash in bank) (accts rec.)(equipment) $5,000 $900 $14,000 (Supplies) (accts payable) (T.Migre $1,500 $3,000 capital) $18,400 1.theres a chart over here a line here New bal.and here same to the rest.like this.then lines down to part the boxes by 6.can you help me out.theres 18 boxes and 6 colums. 2)________________________________ New bal.__________________________ 3)__________________________________ New bal______________________________ 4)________________________________- New bal._________________________ 5)________________________________ New bal.______________________________- 6)__________________________________ New bal________________________- 7)______________________________ New bal._____________________________- 8)_____________________________________ New bal._______________________ 9)_____________________________ New bal._______________________________ please i really need this help thank you so much.
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