[Sherry1234]

I would like to know how to enter the following statement into a Tabular analysis of July transactions beginning with June 30.
Cash+A/R+Supplies+Office Equip = Note Payable+A/P+Capital.
(1)Earned revenue of $7000 of which $2500 is collected in cash and the balance is due August.

(2)Received $300 from Standard Bank--money borrowed on a note payable.

(3) Collected $2000 of account receivables.


Please Help!

[Sherry1234]

(1)Earned revenue of $7000 of which $2500 is collected in cash and the balance is due August.
+ $2500 Cash
+ $7000 Capital
+ $4500 Account Receivables

(2)Received $300 from Standard Bank--money borrowed on a note payable.
+$300 Cash
+$300 Note Payable

(3) Collected $2000 of account receivables.
+$2000 Cash
-$2000 Account Receivables

[amahmud8]

http://www.moneyinstructor.com/lesson/accountingtransaction.asp

Check out this. It may help to solve

[morgaine300]

The thread is almost three years old.