Record the following transactions directly into the appropriate
Record the following transactions directly into the appropriate T accounts and determine the balance in each account.
a. J. Molson deposited $90,000 in the name of the business.
b. Bought equipment for cash, $38,000.
c. Bought advertising on account, $4,320.
d. Paid $2,000 on account.
e. J. Molson invested his personal equipment, valued at $5,200, in the business.
f. The business received cash from customers, $4,000.
g. J. Molson withdrew $1,200 from the business for personal use.
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Posted 06 May 2017 11:05 AM
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