Current Attempt in Progress The ledger for Shumway Co. is as follows. 10/1 10/10 10/10 10/20 10/25 10/6 10/20 10/4 10/3 10/12 10/30 10/31 Cash 3,000 10/4 750 10/12 4,000 10/15 500 10/30 2,000 10/31 Accounts Receivable 800 10/20 940 Supplies 400 Equipment 2,000 Notes Payable 10/10 Accounts Payable 1,500 10/3 Owner's Capital 300 10/1 10/25 Owner's Drawings Service Revenue 10/6 10/10 10/20 No. 101 400 1,500 350 Rent Expense 300 500 No. 112 500 No. 126 No. 157 No. 200 4,000 No. 201 2,000 No. 301 3,000 2,000 No. 306 No. 400 800 750 940 Salaries and Wages Expense No. 726 500 No. 729

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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Acc

Owner's Capital
Cash
Supplies
Accounts Receivable
Accounts Receivable
Owner's Drawings
Equipment
Salaries and Wages Expense
Notes Payable
Accounts Payable
Rent Expense
Totals
eTextbook and Media
Trial Balance
October 31, 2022
$
$
Debit
5000
9300
350
500
300
2000
0
17450
$
$
Credit
WALCOTU
400
500
4000
3500
350
18050
Transcribed Image Text:Owner's Capital Cash Supplies Accounts Receivable Accounts Receivable Owner's Drawings Equipment Salaries and Wages Expense Notes Payable Accounts Payable Rent Expense Totals eTextbook and Media Trial Balance October 31, 2022 $ $ Debit 5000 9300 350 500 300 2000 0 17450 $ $ Credit WALCOTU 400 500 4000 3500 350 18050
Current Attempt in Progress
The ledger for Shumway Co, is as follows.
10/1
10/10
10/10
10/20
10/25
10/6
10/20
10/4
10/3
10/12
10/30
10/31
Cash
3,000
750 10/12
4,000 10/15
500 10/30
2,000 10/31
10/4
Accounts Receivable
800 10/20
940
Supplies
400
Equipment
2,000
Notes Payable
Accounts Payable
1,500 10/3
10/10
Owner's Capital
300
10/1
Owner's Drawings
500
10/25
Service Revenue
10/6
10/10
10/20
No. 101
Rent Expense
400
1,500
350
300
500
No. 112
500
No. 126
No. 157
No. 200
4,000
No. 201
2,000
No. 301
3,000
2,000
No. 306
No. 400
800
750
Salaries and Wages Expense No. 726
940
No. 729
Transcribed Image Text:Current Attempt in Progress The ledger for Shumway Co, is as follows. 10/1 10/10 10/10 10/20 10/25 10/6 10/20 10/4 10/3 10/12 10/30 10/31 Cash 3,000 750 10/12 4,000 10/15 500 10/30 2,000 10/31 10/4 Accounts Receivable 800 10/20 940 Supplies 400 Equipment 2,000 Notes Payable Accounts Payable 1,500 10/3 10/10 Owner's Capital 300 10/1 Owner's Drawings 500 10/25 Service Revenue 10/6 10/10 10/20 No. 101 Rent Expense 400 1,500 350 300 500 No. 112 500 No. 126 No. 157 No. 200 4,000 No. 201 2,000 No. 301 3,000 2,000 No. 306 No. 400 800 750 Salaries and Wages Expense No. 726 940 No. 729
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