Chapter 2 Homework Analyzing hapter 2 Homework Question s tn

Chapter 2 Homework Analyzing. hapter 2 Homework Question s tn point) For each of the following -accounts, calculate the missing amount and enter t in the space provided. Assume that the beginning and ending balances are on the normal side of the account, that is, the side on which the balance increases 1 Beginning balance 2/15 Transaction A 2/28 Transaction C Salary Expense 80,000 2/10 Transaction B 20,000 6,000 10,000 Ending balance Make sure your answer does not include a \"S\" (dollar sign) or \" \" (comma). It should be in the format of a basic number, such as \"55000 ab Save Question 4 (1 point)

Solution

Answer:

Salary Expanses

1-Feb

Beginning balance

80,000

10-Feb

Transaction-B

10,000

15-Feb

Transaction-A

20,000

28-Feb

Transaction-c

6,000

Ending balance

96,000

Working note for the answer:

Balance

=80,000+20,000+6,000-10,000

=96,000

Salary Expanses
1-Feb	Beginning balance	80,000	10-Feb	Transaction-B	10,000
15-Feb	Transaction-A	20,000
28-Feb	Transaction-c	6,000
	Ending balance	96,000