The following transactions occurred at several different businesses and are not related. Post the following transactions into the appropriate T accounts. Transactions: 1. Hunter Thompson, an owner, made an additional investment of $25,000 in cash. 2. A firm purchased equipment for $8,200 in cash. 3. A firm sold some surplus office furniture for $2,100 in cash. 4. A firm purchased a computer for $1,900, to be paid in 60 days. 5. A firm purchased office equipment for $9,400 on credit. The amount is due in 60 days. 6. Nancy Fowler, owner of Fowler Travel Agency, withdrew $4,200 of her original cash investment. 7. A firm bought a delivery truck for $41,000 on credit; payment is due in 90 days. 8. A firm issued a check for $1,700 to a supplier in partial payment of an open account balance.I need help to know why my answers are not complete. Check my work mode : This shows what is correct or incorrect for the w4. A firm purchased a computer for $1,900, to be paid in 60 days.1,9001,9005. A firm purchased office equipment for $9,400 on credit. The amount is due in 60 days.9,4009,4006. Nancy Fowler, owner of Fowler Travel Agency, withdrew $4,200 of her original cash investment.4,2004,2007. A firm bought a delivery truck for $41,000 on credit; payment is due in 90 days.41,00041,0008. A firm issued a check for $1,700 to a supplier in partial payment of an open account balance.1,7001,700< Prev4 of 9hp Answer is not complete.Complete this question by entering your answers in the tabs below.TransactionsAnalyzePost the following transactions into the appropriate T accounts. (Select the Debit account first, then the Credit accoun.1. Hunter Thompson, an owner, made an additional investment of $25,000 in cash.25,0002. A firm purchased equipment for $8,200 in cash.8,2008,2003. A firm sold some surplus office furniture for $2,100 in cash.2,1002,100Prev4 of 9Next

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Description: The following transactions occurred at several different businesses and are not related. Post the following transactions into the appropriate T accounts. Transactions: 1. Hunter Thompson, an owner, made an additional investment of $25,000 in cash. 2.

T accounts are the general ledger accounts in the business which are prepared to classify all the…

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he following transactions occurred at several different businesses and are not related. Post the following transactions into the appropriate T accounts. Transactions: 1. Hunter Thompson, an owner, made an additional investment of $25,000 in cash. 2. A firm purchased equipment for $8,200 in cash. 3. A firm sold some surplus office furniture for $2,100 in cash. 4. A firm purchased a computer for $1,900, to be paid in 60 days. 5. A firm purchased office equipment for $9,400 on credit. The amount is due in 60 days. 6. Nancy Fowler, owner of Fowler Travel Agency, withdrew $4,200 of her original cash investment. 7. A firm bought a delivery truck for $41,000 on credit; payment is due in 90 days. 8. A firm issued a check for $1,700 to a supplier in partial payment of an open account balance. I need help to know why my answers are not complete.

he following transactions occurred at several different businesses and are not related. Post the following transactions into the appropriate T accounts. Transactions: 1. Hunter Thompson, an owner, made an additional investment of $25,000 in cash. 2. A firm purchased equipment for $8,200 in cash. 3. A firm sold some surplus office furniture for $2,100 in cash. 4. A firm purchased a computer for $1,900, to be paid in 60 days. 5. A firm purchased office equipment for $9,400 on credit. The amount is due in 60 days. 6. Nancy Fowler, owner of Fowler Travel Agency, withdrew $4,200 of her original cash investment. 7. A firm bought a delivery truck for $41,000 on credit; payment is due in 90 days. 8. A firm issued a check for $1,700 to a supplier in partial payment of an open account balance. I need help to know why my answers are not complete.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 15EB: Discuss how each of the following transactions will affect assets, liabilities, and stockholders...

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