The following accounts are taken from the ledger of Boardin\' Company at Decembe

Question

The following accounts are taken from the ledger of Boardin' Company at December 31, 2010.

200 Notes Payable $19,859 100 Cash $5,936
300 Hawk, Capital 26,088 120 Supplies 5,179
150 Equipment 80,312 522 Supplies Expense 2,225
310 Hawk, Drawing 8,184 220 Salaries Payable 2,722
726 Salaries Expense 38,208 201 Accounts Payable 11,041
400 Service Revenue 88,185 110 Accounts Receivable 7,851



Debit /Credit
Cash $ $
Accounts Receivable
Supplies
Equipment
Notes Payable
Accounts Payable
Salaries Payable
Hawk, Capital
Hawk, Drawing
Service Revenue
Supplies Expense
Salaries Expense

Explanation / Answer

Debit /Credit Cash $5,936 $ Accounts Receivable 7,851 Supplies 5,179 Equipment 80,312 Notes Payable $19,859 Accounts Payable 11,041 Salaries Payable 2,722 Hawk, Capital 26,088 Hawk, Drawing 8,184 Service Revenue 88,185 Supplies Expense 2,225 Salaries Expense 38,208 ________ _________ 147,895 147,895 ======= =========

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