Module 2 Homework T-Accounts Would you please solve the following T-Account problems. Please show the formula to find the amount and do not use Excel to show this as it does not help me understand.  I need the formula typed out. 1) Left Side Beginning Balance $40000 $5000 Ending Balance ?? Right side of account Beginning Balance $8000 $2500 2) Beginning Balance $4800 $1500 $6000 $ 8700 Ending Balance $10100 Right Side  $ UNKOWN $1200 $4200   .

Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter2: Analyzing Transactions Into Debit And Credit Parts
Section: Chapter Questions
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Module 2 Homework T-Accounts

Would you please solve the following T-Account problems. Please show the formula to find the amount and do not use Excel to show this as it does not help me understand.  I need the formula typed out.

1) Left Side

Beginning Balance $40000

$5000

Ending Balance ??

Right side of account

Beginning Balance $8000

$2500

2) Beginning Balance $4800

$1500

$6000

$ 8700

Ending Balance $10100

Right Side 

$ UNKOWN

$1200

$4200

 

.

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