Post the following journal entries to the appropriate T-accounts, and show the resulting balance in each account. a. Cash 34,000 Common Shares 34,000 b. Supplies 800 Accounts Payable 800 c. Building 80,000 Cash 12,000 Note Payable 68,000 d. Accounts Receivable 5,500 Service Revenue 5,50 0 1,500 e. Salary Expense Cash 1,50

Post the following journal entries to the appropriate T-accounts, and show the resulting balance in each account. a. Cash 34,000 Common Shares 34,000 b. Supplies 800 Accounts Payable 800 c. Building 80,000 Cash 12,000 Note Payable 68,000 d. Accounts Receivable 5,500 Service Revenue 5,50 0 1,500 e. Salary Expense Cash 1,50

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter3: Setting Up A New Company

Section: Chapter Questions

Problem 4.3C

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