create a t account for this month Date Account Titles2024General JournalAug. 1 Rent ExpenseCash10 Accounts PayableCash12 CashAccounts Receivable25 Salaries ExpenseCash30 Notes PayableInterest ExpenseCash31 CashAccounts ReceivableService Revenue31 L. Harris, DrawingsCashDebit Credit1,2204402,1202,470470355,8902,7504,5201,2204402,1202,4705058,6404,520

T account helps to track the all financial and non-financial transactions of the business. All of…

Answered: Aug. 1 Rent Expense Cash 10 Accounts…

Business

Accounting

Aug. 1 Rent Expense Cash 10 Accounts Payable Cash 1,220 440 1,220 140

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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Question

create a t account for this month

Date Account Titles
2024
General Journal
Aug. 1 Rent Expense
Cash
10 Accounts Payable
Cash
12 Cash
Accounts Receivable
25 Salaries Expense
Cash
30 Notes Payable
Interest Expense
Cash
31 Cash
Accounts Receivable
Service Revenue
31 L. Harris, Drawings
Cash
Debit Credit
1,220
440
2,120
2,470
470
35
5,890
2,750
4,520
1,220
440
2,120
2,470
505
8,640
4,520

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