Elena Bellisario began a new consulting firm on January 3. The accounting equation showed the following transactions. Analyze the equation and describe each of the transactions with their amounts. Transaction (a) has been done as an example for you. Liabilities + Equity Elena Assets Accounts Office Office Accounts Bellisario, Transaction Beginning Balances Cash Receivable + Supplies + Furniture Payable Capital +15, 800 -5ee -8eee a. +15,eee b. +5e0 c. +8,e00 d. +1, eee +1,e00 e. +400 +400 f. -250 -250 +750 -750 Totals 7,e00 250 900 8,e0e 150 16,ee0 a. The owner invested $15.000 cash into the business b. C. d. e. f. 9-
Elena Bellisario began a new consulting firm on January 3. The accounting equation showed the following transactions. Analyze the equation and describe each of the transactions with their amounts. Transaction (a) has been done as an example for you. Liabilities + Equity Elena Assets Accounts Office Office Accounts Bellisario, Transaction Beginning Balances Cash Receivable + Supplies + Furniture Payable Capital +15, 800 -5ee -8eee a. +15,eee b. +5e0 c. +8,e00 d. +1, eee +1,e00 e. +400 +400 f. -250 -250 +750 -750 Totals 7,e00 250 900 8,e0e 150 16,ee0 a. The owner invested $15.000 cash into the business b. C. d. e. f. 9-
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter3: The General Journal And The General Ledger
Section: Chapter Questions
Problem 5PA: Following is the chart of accounts of Sanchez Realty Company: Sanchez completed the following...
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