Maurice Tutor

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    Argosy University/ Phoniex University/
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Category > Accounting Posted 29 Jul 2017 My Price 7.00

Starkey Equipment Company

a. Davis deposited $20,000 in a bank in the name of the business.

b. Bought office equipment on account from Starkey Equipment Company, $4,120.

c. Davis invested her personal photographic equipment , $5,370. ( Increase the account Photo Equipment and increase the account S. Davis, Capital)

d. Paid the rent for the month, $1,500, Ck. No. 1000 (Rent Expense).

e. Bought supplies for cash, $215, Ck. No. 1001.

f. Bought insurance for two years, $1,840, Ck. No. 1002.

g. Sold graphic services for cash, $3,616 (Professional Fees).

h. Paid the salary of part-time assistant, $982, Ck. No. 1003 (Salary Expense).

i. Received and paid the bill for telephone service, $134, Ck. No. 1004 (Telephone Expense).

j. Paid cash for minor repairs to graphics equipment, $185, Ck. No. 1005 (Repair Expense).

k. Sold graphic services for cash, $3,693 (Professional Fees).

l. Paid on account to Starkey Equipment Company, $650, Ck. No. 1006.

m. Davis withdrew cash for personal use, $1,800, Ck. No. 1007.

 

Please help find the formula for this t account

Answers

(5)
Status NEW Posted 29 Jul 2017 06:07 PM My Price 7.00

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