to Another Question The next four slides will allow you to demonstrate your understanding of tabular analysis of accounting transactions. For each transaction given below, click to select the proper place on the sheet. Cash Assets (1) 2) +$20,000 4)-$ 3,600 The company provided $20,000 of services for customers, on credit. = Liabilities + Accounts Payable + Accounts +Receivable = -$20,000 +$2,300 Owner's Capital - Owner's Equity Owner's Drawings -$3,600 +Revenues Expenses +$20,000 - -$2,300
to Another Question The next four slides will allow you to demonstrate your understanding of tabular analysis of accounting transactions. For each transaction given below, click to select the proper place on the sheet. Cash Assets (1) 2) +$20,000 4)-$ 3,600 The company provided $20,000 of services for customers, on credit. = Liabilities + Accounts Payable + Accounts +Receivable = -$20,000 +$2,300 Owner's Capital - Owner's Equity Owner's Drawings -$3,600 +Revenues Expenses +$20,000 - -$2,300
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Jump to Another Question
The next four slides will allow you to demonstrate
your understanding of tabular analysis of
accounting transactions.
For each transaction given below, click to select
the proper place on the sheet.
Cash
Assets
(1)
(2) +$20,000
(3)
(4)-S 3,600
The company provided $20,000 of services for
customers, on credit.
= Liabilities +
Accounts
Accounts
Owner's
+ Receivable = Payable + Capital
-$20,000
+$2,300
-
Owner's Equity
Owner's
Drawings +Revenues Expenses
+$20,000
-$3,600
-$2,300
SUBMIT
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