Put it into T accounts 262530July162223Transactions:10111121315is property nameThe company reChapter 2-Analyzing Transactions into Debit and Credit PartsHarrison Ennis owns a business called Cayman Coples. Copies uses the followingAccounts Receivable-Coral Supply CompanyAccounts Receivable-Coconut InnSuppliesAccounts Payable Pappagallo CompanyHarrison Ennis, CapitalInstructions:Prepaid InsuranceAccounts Payable-Palms Paper1. Prepare a T account for each account.2. Analyze each transaction into its debit and credit parts. Write the debit and creditamounts in the proper T account to show how each transaction changes accountbalances. Write the date of the transaction before each amount.3. Prove the equality of debits and credits.Harrison Ennis, DrawingSalesAdvertising ExpenseMiscellaneous ExpenseRent ExpenseRepair ExpenseUtilities ExpenseReceived cash from owner as an investment, $6,000.Paid cash for supplies, $120.Paid cash for rent, $400.Received cash from sales, $700.5 Paid cash for repairs, $20.Sold services on account to Coral Supply Co., $400.Bought supplies on account from Pappagallo Co., $1,000.Paid cash for insurance, $200.Received cash from owner as an investment, $1,800.Received cash from sales, $600.Bought supplies on account from Palms Paper, $100.Received cash on account from Coral Supply Co., $250.Paid cash for miscellaneous expense, $10.Paid cash on account to Pappagallo Co., $100.Paid cash for electric bill, $70.Paid cash for advertising, $60.Sold services on account to Coconut Inn, $440.Paid cash to owner for personal use, $1,200.Received cash on account from Coconut Inn, $200.

Name: Put it into T accounts 262530July162223Transactions:10111121315is prop
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Description: Put it into T accounts 262530July162223Transactions:10111121315is property nameThe company reChapter 2-Analyzing Transactions into Debit and Credit PartsHarrison Ennis owns a business called Cayman Coples. Copies uses the followingAccounts Receivable

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26 30 Transactions: July 23 25 16 22 Instructions: 1. Prepare a T account for each account. 2. Analyze each transaction into its debit and credit parts. Write the debit and credit amounts in the proper T account to show how each transaction changes account balances. Write the date of the transaction before each amount. 3. Prove the equality of debits and credits. 15 Received cash from owner as an investment, $6,000. Paid cash for supplies, $120. Paid cash for rent, $400. Received cash from sales, $700. Paid cash for repairs, $20. Sold services on account to Coral Supply Co., $400. Bought supplies on account from Pappagallo Co., $1,000. 10 Paid cash for insurance, $200. Received cash from owner as an investment, $1,800. Received cash from sales, $600. 12 13 2 4 5 Bought supplies on account from Palms Paper, $100. Received cash on account from Coral Supply Co., $250. Paid cash for miscellaneous expense, $10. Paid cash on account to Pappagallo Co., $100. Paid cash for electric bill, $70. Paid cash for advertising, $60. Sold services on account to Coconut Inn, $440. Paid cash to owner for personal use, $1,200. Received cash on account from Coconut Inn, $200.