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A. The following T accounts contain number entries of Arlene Samson, Architect, for the month of October. She designs houses and prepares blueprints for a fee. Describe the numbered transactions that took place. Cash Notes Payable 1) 6) 50,000 3) 20,000 3) 20,000 20,000 5) 1,500 9) 30,000 7) 25,000 Accounts Receivable Samson, Capital 4) 60,000 9) 30,000 1) 50,000 6) 80,000 Professional Fees Architectural Supplies 8) 2,000 60,000 100,000 2) 3,000 6) Architectural Equipment Utilities Expense 7) 25,000 3) 40,000 Accounts Payable 2) Supplies Expense 2,000 3,000 8) 5) 1,500

A. The following T accounts contain number entries of Arlene Samson, Architect, for the month of October. She designs houses and prepares blueprints for a fee. Describe the numbered transactions that took place. Cash Notes Payable 1) 6) 50,000 3) 20,000 3) 20,000 20,000 5) 1,500 9) 30,000 7) 25,000 Accounts Receivable Samson, Capital 4) 60,000 9) 30,000 1) 50,000 6) 80,000 Professional Fees Architectural Supplies 8) 2,000 60,000 100,000 2) 3,000 6) Architectural Equipment Utilities Expense 7) 25,000 3) 40,000 Accounts Payable 2) Supplies Expense 2,000 3,000 8) 5) 1,500

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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In this problem, i need a construction of transaction here for numbers 1-9 

A. The following T accounts contain number entries of Arlene Samson, Architect, for the month of October. She designs houses and prepares blueprints for a fee. Describe the numbered transactions that took place. Cash Notes Payable 1) 6) 50,000 3) 20,000 3) 20,000 20,000 5) 1,500 9) 30,000 7) 25,000 Accounts Receivable Samson, Capital 4) 60,000 9) 30,000 1) 50,000 6) 80,000 Professional Fees Architectural Supplies 8) 2,000 60,000 100,000 2) 3,000 6) Architectural Equipment Utilities Expense 7) 25,000 3) 40,000 Accounts Payable 2) Supplies Expense 2,000 3,000 8) 5) 1,500
Transcribed Image Text:A. The following T accounts contain number entries of Arlene Samson, Architect, for the month of October. She designs houses and prepares blueprints for a fee. Describe the numbered transactions that took place. Cash Notes Payable 1) 6) 50,000 3) 20,000 3) 20,000 20,000 5) 1,500 9) 30,000 7) 25,000 Accounts Receivable Samson, Capital 4) 60,000 9) 30,000 1) 50,000 6) 80,000 Professional Fees Architectural Supplies 8) 2,000 60,000 100,000 2) 3,000 6) Architectural Equipment Utilities Expense 7) 25,000 3) 40,000 Accounts Payable 2) Supplies Expense 2,000 3,000 8) 5) 1,500
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