Chapter 2 Homework ParrishSheets Chapter 2 Homework Quiz Que

Chapter 2 Homework Parrish-Sheets Chapter 2 Homework- Quiz Question 11 (1 point) For each of the following t-accounts, calculate the missing amount and enter it in the space provided. Cash 5/1 Beginning balance 5/18 Transaction B ?5/16 Transaction A 5,0005/19 Transaction C 2,000 25,000 3 Ending balance 65,000 Make sure your answer does not include a \"$\" (dollar sign) or \"\" (comma). It should be in the format of a number; such as \"55000\" abs Save Question 12 (1 point) For each of the following t-accounts, calculate the missing amount and enter it in the space provided.

Solution

Computation of Opening balance Closing Balance 65000 Add: Cash transation A made 2000 Cash transation c made 25000 Less : Cash revieved on Transaction A 5000 Opening Balance 87000