Doc Post Date Account Title No. Ref Debit Credit month of May: 1 You invest $45,000.00 into your food truck/kiosk/cart. R1 2 Pay cash for your food truck/kiosk/cart (use the purchase price of the food truck/kiosk/cart that you "purchased"). C1 7 Paid cash for equipment that you will need that is not included in your food truck (use your amount from equipment page). C2 9 Paid cash for supplies for your food truck/kiosk/cart (use the your amount on your supply page). C3 12 Paid $650.00 cash for insurance. C4 15 Made $780.00 cash sales on your first day! T15 16 Made $660.00 cash sales on your second day. T16 19 Bought $285.00 worth of supplies on account from one of your vendors (choose a vendor from your chart of accounts). M1
Doc Post Date Account Title No. Ref Debit Credit month of May: 1 You invest $45,000.00 into your food truck/kiosk/cart. R1 2 Pay cash for your food truck/kiosk/cart (use the purchase price of the food truck/kiosk/cart that you "purchased"). C1 7 Paid cash for equipment that you will need that is not included in your food truck (use your amount from equipment page). C2 9 Paid cash for supplies for your food truck/kiosk/cart (use the your amount on your supply page). C3 12 Paid $650.00 cash for insurance. C4 15 Made $780.00 cash sales on your first day! T15 16 Made $660.00 cash sales on your second day. T16 19 Bought $285.00 worth of supplies on account from one of your vendors (choose a vendor from your chart of accounts). M1
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Doc Post
Date
Account Title
No.
Ref
Debit
Credit
month of May:
1 You invest $45,000.00 into your
food truck/kiosk/cart. R1
2 Pay cash for your food
truck/kiosk/cart (use the purchase
price of the food truck/kiosk/cart that
you "purchased"). C1
7 Paid cash for equipment that you
will need that is not included in your
food truck (use your amount from
equipment page). C2
9 Paid cash for supplies for your
food truck/kiosk/cart (use the your
amount on your supply page). C3
12 Paid $650.00 cash for insurance.
C4
15 Made $780.00 cash sales on
your first day! T15
16 Made $660.00 cash sales on
your second day. T16
19 Bought $285.00 worth of supplies
on account from one of your vendors
(choose a vendor from your chart of
accounts). M1
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