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    kobe24baller's Avatar
    kobe24baller Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Sep 9, 2011, 09:59 AM
    Accounts affecting each Statement
    I actually have 2 statements.
    1)Sold land for $12,000, which was the cost of the land
    2) Rented videos and received cash of $600


    Which 2 accounts are affected for each statement
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
    		  
    #2

    Sep 11, 2011, 06:46 PM
    1. Land and Cash
    2. Rental Revenue and Cash
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