end balances of Cruz Com No. 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 A. Cruz, Capital 302 A. Cruz, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Account Title Debit $18,000 10,800 2,000 23,000 Credit $ 6,500 42,815 6,000 45,400 2,000 26,468 1,907 3,042 1,498 $94,715 $94,715 Totals

end balances of Cruz Com No. 101 Cash 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 301 A. Cruz, Capital 302 A. Cruz, Withdrawals 404 Services revenue 612 Depreciation expense-Equipment 622 Salaries expense 637 Insurance expense 640 Rent expense 652 Supplies expense Account Title Debit $18,000 10,800 2,000 23,000 Credit $ 6,500 42,815 6,000 45,400 2,000 26,468 1,907 3,042 1,498 $94,715 $94,715 Totals

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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