30) The sunglasses Hut pays wages in the amount of $13,579. Provide the transaction details. 31) Freddy’s Fir Tree Company is a new business. The following accounts are required in the general...





30) The sunglasses Hut pays wages in the amount of $13,579. Provide the transaction details.



31) Freddy’s Fir Tree Company is a new business. The following accounts are required in the general ledger.



Accounts PayableAccounts Receivable



Cash Prepaid Rent



Equipment Rent Expense



Sales /Revenue Salary Expense



Insurance Expense Salaries Payable



Retained Earnings Supplies



Prepaid InsuranceSupplies Expense





Organize the accounts into the order in which they should appear in the general ledger of Freddy’s Fir Tree Company and assign account numbers.





Use the following system to assign account numbers.



1000–1999Assets



2000–2999Liabilities



3000–3999Shareholder’s equity account



4000–4999Revenues



5000–5999Expenses









May 15, 2022
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