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Accounting
The picture with bookkeeping entries make a list of debit and credit with the help of the white picture.

The picture with bookkeeping entries make a list of debit and credit with the help of the white picture.

FINANCIAL ACCOUNTING
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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The picture with bookkeeping entries make a list of debit and credit with the help of the white picture.
5:33 Step2 b) Date Sep 1 Sep 2 Sep 5 Sep 8 Sep 12 Sep 20 Sep 25 Sep 27 Sep 30 Account title & Explanation Cash Common stock Rent Expense Cash Equipment Cash Account payable Cash Account receivable Revenue Advertisement expense Account payable Repair Expense Cash Account payable Cash Income tax Expense Cash Dividend Cash ? √x 8
Transcribed Image Text:5:33 Step2 b) Date Sep 1 Sep 2 Sep 5 Sep 8 Sep 12 Sep 20 Sep 25 Sep 27 Sep 30 Account title & Explanation Cash Common stock Rent Expense Cash Equipment Cash Account payable Cash Account receivable Revenue Advertisement expense Account payable Repair Expense Cash Account payable Cash Income tax Expense Cash Dividend Cash ? √x 8
Date Sep1 d 5 8 Cash ($ 20,000 1-1700 2200 11100 1-2700 25 14900 27-800 30 400] 8400 Assets + Account Receivable 6500 6500 + Liabilities + Equipment Account + Common + Revenue & Expenses - Dividends Stockholder's Retained - ($ 20,000 9800 9800 = 7600 [4.00] -4900 3100 ملے 006 1600 7600 1-1700 1-400 -2700 -800 -5600 -400 400 No
Transcribed Image Text:Date Sep1 d 5 8 Cash ($ 20,000 1-1700 2200 11100 1-2700 25 14900 27-800 30 400] 8400 Assets + Account Receivable 6500 6500 + Liabilities + Equipment Account + Common + Revenue & Expenses - Dividends Stockholder's Retained - ($ 20,000 9800 9800 = 7600 [4.00] -4900 3100 ملے 006 1600 7600 1-1700 1-400 -2700 -800 -5600 -400 400 No
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