Elaines inflatables earn service revenue by providing party, planning services and inflatable place scapes. Elaines inflatables is organized as a sole perpetrator ship, and owned by Elaine Gibson. During the past month, Elaines inflatables has the following transactions. Indicate the effects of the business transactions on the accounting equation 3 lanes inflatables. Use the following accounts, cash, accounts, receivable, supplies, equipment, accounts, payable, Gibson capital ,Gibson withdrawals, service, revenue, wages, expense, rent expense, and utilities expense.
Elaines inflatables earn service revenue by providing party, planning services and inflatable place scapes. Elaines inflatables is organized as a sole perpetrator ship, and owned by Elaine Gibson. During the past month, Elaines inflatables has the following transactions. Indicate the effects of the business transactions on the accounting equation 3 lanes inflatables. Use the following accounts, cash, accounts, receivable, supplies, equipment, accounts, payable, Gibson capital ,Gibson withdrawals, service, revenue, wages, expense, rent expense, and utilities expense.
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 19EB: A business has the following transactions: A. The business is started by receiving cash from an...
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Elaines inflatables earn service revenue by providing party, planning services and inflatable place scapes. Elaines inflatables is organized as a sole perpetrator ship, and owned by Elaine Gibson. During the past month, Elaines inflatables has the following transactions.
Indicate the effects of the business transactions on the
withdrawals, service, revenue, wages, expense, rent expense, and utilities
expense.
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