1 answer

Selected transactions from the journal of Splish Brothers Inc. during its first month of operations are...

Question:

Selected transactions from the journal of Splish Brothers Inc. during its first month of operations are presented here. Accou
(a) Post the transactions to accounts. (Post entries in the order of journal entries presented in the question) Cash Accounts
Equipment Notes Payable Common Stock Service Revenue
Selected transactions from the journal of Splish Brothers Inc. during its first month of operations are presented here. Account Titles Debit Credit Date Aug 1 Cash 7,700 7.700 10 1.250 1.250 12 6,400 Common Stock Cash Service Revenue Equipment Cash Notes Payable Accounts Receivable Service Revenue Cash Accounts Receivable 1.550 4,850 25 2.890 2,890 31 500 500
(a) Post the transactions to accounts. (Post entries in the order of journal entries presented in the question) Cash Accounts Receivable Equipment
Equipment Notes Payable Common Stock Service Revenue

Answers

a) $1,550 Aug. 1 Aug. 10 Aug. 31 Bal. Cash $7,700 Aug.</p><p>12 $1,250 $500 $7,900 Accounts Receivable Aug. 25 $2.890 Aug 31 Bal. $

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