Date Account Titles and Explanation Debit Credit Jan. 2 v Cash $10,000 Owner's Capital $10,000 Jan. 3 v Equipment $3,000 Cash $3,000 Jan. 9 v $600 $600 Jan. 11 v $2,400 Service Revenue $2,400 Jan. 16...

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Date<br>Account Titles and Explanation<br>Debit<br>Credit<br>Jan. 2 v<br>Cash<br>$10,000<br>Owner's Capital<br>$10,000<br>Jan. 3 v<br>Equipment<br>$3,000<br>Cash<br>$3,000<br>Jan. 9 v<br>$600<br>$600<br>Jan. 11 v<br>$2,400<br>Service Revenue<br>$2,400<br>Jan. 16 v||Advertising Expense<br>$350<br>Cash<br>$350<br>Jan. 20 v<br>Cash<br>$900<br>Accounts Receivable<br>$900<br>Jan. 23 v<br>Accounts Payable<br>$300<br>Cash<br>$300<br>Jan. 28 v<br>Owner's Drawings<br>$1,000<br>Cash<br>$1,000<br>Click if vou Heul<br>

Extracted text: Date Account Titles and Explanation Debit Credit Jan. 2 v Cash $10,000 Owner's Capital $10,000 Jan. 3 v Equipment $3,000 Cash $3,000 Jan. 9 v $600 $600 Jan. 11 v $2,400 Service Revenue $2,400 Jan. 16 v||Advertising Expense $350 Cash $350 Jan. 20 v Cash $900 Accounts Receivable $900 Jan. 23 v Accounts Payable $300 Cash $300 Jan. 28 v Owner's Drawings $1,000 Cash $1,000 Click if vou Heul
Selected transactions for M. Acosta, an interior decorator, in her first month of business, are as follows.<br>Jan. 2<br>Invested $10,000 cash in business.<br>3<br>Purchased used car for $3,000 cash for use in business.<br>9<br>Purchased supplies on account for $600.<br>11<br>Billed customers $2,400 for services performed.<br>16<br>Paid $350 cash for advertising.<br>20<br>Received $900 cash from customers billed on January 11.<br>23<br>Paid creditor $300 cash on balance owed.<br>28<br>Withdrew $1,000 cash for personal use by owner.<br>

Extracted text: Selected transactions for M. Acosta, an interior decorator, in her first month of business, are as follows. Jan. 2 Invested $10,000 cash in business. 3 Purchased used car for $3,000 cash for use in business. 9 Purchased supplies on account for $600. 11 Billed customers $2,400 for services performed. 16 Paid $350 cash for advertising. 20 Received $900 cash from customers billed on January 11. 23 Paid creditor $300 cash on balance owed. 28 Withdrew $1,000 cash for personal use by owner.

Jun 01, 2022
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