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
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here