How should the General journal entry worksheet look for the following information: Account payable $ 12, 200Account receivable $5, 300 Accumulated depreciation $7,000Cash $77,000Depreciation expense machinery $7,000Machinery 65, 0000. Gilles, drawing 50, 500Fees income 175, 000Supplies 3,700 Prepaid insurance 58, 500Insurance expense 8, 500Supplies expense 7, 7000. Gilles, capital 103, 900 Utilities expense 14, 900

How should the General journal entry worksheet look for the following information: Account payable $ 12, 200Account receivable $5, 300 Accumulated depreciation $7,000Cash $77,000Depreciation expense machinery $7,000Machinery 65, 0000. Gilles, drawing 50, 500Fees income 175, 000Supplies 3,700 Prepaid insurance 58, 500Insurance expense 8, 500Supplies expense 7, 7000. Gilles, capital 103, 900 Utilities expense 14, 900

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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