X the column involved in the journal entry. Debit Cash Account You put $10,000 cash in your 1 business You sell a $5000 painting to Joey. The money's due 2 next month. You buy $300 supplies on account 3 from the paint store You pay $100 cash bonus to your helper so they can buy 4 turkey dinner. You owe Staples for $75 of copy paper you had 5 delivered. 6 Joey paid his bill You pay off what you owe at the 7 paint store Amy puts $300 on your desk for a painting you'll do 8 over New Years 9 You pay Staples You buy a scanner 10 for $4000 cash Debit Accts Receivable Debit Accts Payable Credit Cash Credit Accts Receivable Credit Accts Payable h

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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Question
X the column involved in the journal entry.
Debit
Cash
Account
1 business
You put $10,000
cash in your
2 next month.
You sell a $5000
painting to Joey.
The money's due
You buy $300
supplies on account
3 from the paint store
You pay $100
cash bonus to
your helper so
they can buy
4 turkey dinner.
8
5 delivered.
9
You owe Staples
for $75 of copy
paper you had
6 Joey paid his bill
You pay off what
you owe at the
7 paint store
Amy puts $300 on
your desk for a
painting you'll do
over New Years
You pay Staples
You buy a scanner
10 for $4000 cash
Debit
Accts
Receivable
Debit
Accts
Payable
Credit
Cash
Credit
Credit
Accts
Accts
Receivable Payable
h
Transcribed Image Text:X the column involved in the journal entry. Debit Cash Account 1 business You put $10,000 cash in your 2 next month. You sell a $5000 painting to Joey. The money's due You buy $300 supplies on account 3 from the paint store You pay $100 cash bonus to your helper so they can buy 4 turkey dinner. 8 5 delivered. 9 You owe Staples for $75 of copy paper you had 6 Joey paid his bill You pay off what you owe at the 7 paint store Amy puts $300 on your desk for a painting you'll do over New Years You pay Staples You buy a scanner 10 for $4000 cash Debit Accts Receivable Debit Accts Payable Credit Cash Credit Credit Accts Accts Receivable Payable h
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