or Auto (20 min) LO22A-4. Given the following accounts, complete the table by in

Question

or Auto (20 min) LO22A-4. Given the following accounts, complete the table by inserting appropriate numbers next to the individual transaction to indicate which account is debited and which account is credited. 1. Cash 2. Accounts Receivable 3. Equipment 4. Accounts Payable 5. B. Barker, Capital 6. B. Barker, Withdrawals 7. Plumbing Fees Earned 8. Salaries Expense 9. Advertising Expense 10. Supplies Expenses Rules Transaction Dr. Cr. Example: A. Paid salaries expense. B. Bob paid personal utilities bill from the company checkbook. C. Advertising bill received but unpaid. D. Received cash from plumbing fees E. Paid supplies expense. F. Bob invested in additional equipment for the business G. Billed customers for plumbing services rendered H. Received one-half the balance from transaction G. I. Bought equipment on account.

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Dr Cr Entry a)                    8.00                      1.00 Salaries expense DR To Cash b)                    6.00                      1.00 B Barker Withdrawls Dr To Cash c)                    9.00                      4.00 Advertising expense Dr To Accounts Payable d)                    1.00                      7.00 Cash Dr To Plumbing Fees earned e)                 10.00                      1.00 Supplies expense DR To Cash f)                    3.00                      1.00 Equipment Dr To Cash g)                    2.00                      7.00 Accounts receivable Dr To Plumbing Fees earned h)                    1.00                      2.00 Cash DR To Accounts receivable i)                    3.00                      4.00 Equipment Dr To Accounts Payable

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