Salman, capital Advertising expense Accounts payable Sales commission revenue Account Balance Rs.48,800 650 4,300 26,000
Salman, capital Advertising expense Accounts payable Sales commission revenue Account Balance Rs.48,800 650 4,300 26,000
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter10: Accounting For Sales And Cash Receipts
Section: Chapter Questions
Problem 7SEB: JOURNALIZING SALES RETURNS AND ALLOWANCES Enter the following transactions starting on page 60 of a...
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![Trial balance
Salman, capital
Advertising expense
Accounts payable
Sales commission revenue
Land
Supplies expense
Cash
Salary expense
Building
Rent expense
Salman, withdrawals
6,000
Utilities expense
400
Accounts receivable 9,500 Note payable 45,000 Supplies 250 Required:
Account Balance
Rs.48,800
650
4,300
26,000
29,000
5,000
300
6,000
65,000
2,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F348961cc-b6cb-4434-98cc-a322a1752bbf%2F7ce504b6-829e-48ef-abcc-cc1634a934b5%2Ftzp3eic_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Trial balance
Salman, capital
Advertising expense
Accounts payable
Sales commission revenue
Land
Supplies expense
Cash
Salary expense
Building
Rent expense
Salman, withdrawals
6,000
Utilities expense
400
Accounts receivable 9,500 Note payable 45,000 Supplies 250 Required:
Account Balance
Rs.48,800
650
4,300
26,000
29,000
5,000
300
6,000
65,000
2,000
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