Reply
Mon 27 Apr, 2009 03:09 pm
Dr side:Cash8,130,A.R3,300,prepaid expns2,750,equipment10,400,Drawing4,870,wage expns12,450,rent expens4,900,utilities expns3,475,deprec expns1,275. Cr. side: Accum deprec2,200,A.P2,700,notes payable-due 6/30/2011,Capital 11,200,fees earned36,600,. With totals of 53,700
I'm guessing this is for homework - even though I know the answer, I'm not going to give it to you. Look it up.
If I actually had a book I would!
Somebody already gave him the solution on another thread with the same q.
These kids will never learn if you simply give them the answers.
Thanks for all the great replies!! For one I am Not a kid, 2 I did Not post this on another site, and 3 I am trying to learn this on my own, but alot of sites I have went to all give a different way.
Thanks for all the positive output
Feel free to ask any question about accounting/bookkeeping. There are several on a2k who can be of assistance to you.
When I went to college to major in accounting, I also tutored students when they took accounting 101, so that really helped me reinforce the subject.
Stumble It!
Tweet This
Bookmark on Delicious
Share on Facebook
Share on MySpace
