Ask Experts Questions for FREE Help !
    angelize7718's Avatar
    angelize7718 Posts: 1, Reputation: 1
    New Member

    Sep 11, 2006, 02:28 PM
    T accounts
    I am having trouble putting together these T accounts:
    A invested 16000 from personal account
    B bought delivery trucks on account 1800
    C bought office equipment for cash 600
    D paid advertising 250
    E collected cash for delivery 2600
    F paid salaries 900
    G paid gas for trucks 1200
    H performed delivery on account 800
    I telephone due but unpaid 700
    J received 300 as partial for H
    K withdrew cash for personal 300
    Please help with which is debit and credit on cash and accounts recievable
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860

    Sep 11, 2006, 02:31 PM
    Please refer to this Announcement
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member

    Sep 11, 2006, 09:12 PM
    I will help to get you started…

    Quote Originally Posted by angelize7718
    A invested 16000 from personal account
    Dr. Cash 16,000
    Cr. Capital 16,000

    Now, you try the rest and show your work and we will look it over for you.

Not your question? Ask your question View similar questions


Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.

Check out some similar questions!

Accounts Payable [ 2 Answers ]

What are the job duties for an Accounts Payable Position?

Bad Checking Accounts [ 3 Answers ]

Hello, I received a phone call from a law firm re: a balance that I owe on a bad checking account. The gentleman told me that he was giving me a chance to pay voluntarily before they garnish my wages. Is a collector authorized to garnish my wages for a bad checking account?

Estate Accounts [ 2 Answers ]

My spouse died and her bank wants to send a check to "The Estate of Blank BlanK" how does one go about opening an Estate Account?:confused:

Foreign accounts [ 1 Answers ]

I do not understand the purpose of form 90-22.1 (foreign accounts). It says to report foreign accounts if their aggregate value is >$10,000 .( I have a GC, so I have to report my worldwide income ). But, in Schedule B for form 1040, one just mentions " yes, I do have a foreign bank account in a...

Where do these Accounts go? [ 2 Answers ]

I have to prepare financial statements for an assignment and I was wondering on which statements these accounts are relevant and reported and what are they classified as(revenue, expense, liability, asset etc. ) Provision for Loss Accumulated Depreciation Allowance for Doubtful Accounts Any...

View more questions Search