MOUDLE 2 HOMEWORK-FINDING MISSING T-ACCOUNT AMOUNT Please solve and EXPLAIN how the missing amounts in the following T-Accounts are found. I understand what a T-Account is, I just need to know the method for finding out a missing transaction or balance.  Please do not use Excel as that is more difficult for me to understand.  Prefer a X=a +b format. 1) FIND MISSING CREDIT AMOUNT LEFT SIDE OF T-ACCOUNT Transaction $6,000 RIGHT SIDE T-ACCOUNT Beginning Balance $6,000 Transaction- Amount Unknown Ending Balance $6,000   2) FIND MISSING DEBIT AMOUNT LEFT SIDE OF T-ACCOUNT Transaction-Amount Unknown RIGHT SIDE OF T-ACCOUNT Beginning Balance $30,000 Transaction $25,000 Transaction $3,500 Ending Balance $40,500   3) FIND MISSING CREDIT AMOUNT LEFT SIDE OF T-ACCOUNT Beginning Balance $0 Transaction $1,500 Transaction $6,000 Transaction $8,700 Ending Balance $14,700 RIGHT SIDE OF T-ACCOUNT Transaction-Amount Unknown

Question

MOUDLE 2 HOMEWORK-FINDING MISSING T-ACCOUNT AMOUNT

Please solve and EXPLAIN how the missing amounts in the following T-Accounts are found. I understand what a T-Account is, I just need to know the method for finding out a missing transaction or balance.  Please do not use Excel as that is more difficult for me to understand.  Prefer a X=a +b format.

1) FIND MISSING CREDIT AMOUNT

LEFT SIDE OF T-ACCOUNT

Transaction $6,000

RIGHT SIDE T-ACCOUNT

Beginning Balance $6,000

Transaction- Amount Unknown

Ending Balance $6,000

 

2) FIND MISSING DEBIT AMOUNT

LEFT SIDE OF T-ACCOUNT

Transaction-Amount Unknown

RIGHT SIDE OF T-ACCOUNT

Beginning Balance $30,000

Transaction $25,000

Transaction $3,500

Ending Balance $40,500

 

3) FIND MISSING CREDIT AMOUNT

LEFT SIDE OF T-ACCOUNT

Beginning Balance $0

Transaction $1,500

Transaction $6,000

Transaction $8,700

Ending Balance $14,700

RIGHT SIDE OF T-ACCOUNT

Transaction-Amount Unknown

 

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