Quiz M2A2 Required Quiz your used APAccounts Payable Com Com

Quiz: M2A2: Required Quiz your used: A/PAccounts Payable; Com. Common, Contr Liablites; Med. Medical, Rav Revenue Sal Saaes Sup. Sapplies) 7/16

Solution

Cash

Cash Med sup Land A/p Total Comm stock Div Service rev Sal exp rent exp Utilities Exp Total
06-Jul 72000 72000
Bal 72000 0 0 0 72000 72000 0 0 0 0 0 72000
09-Jul -48000 48000
Bal 24000 0 48000 0 72000 72000 0 0 0 0 0 72000
12-Jul 2100 2100
Bal 24000 2100 48000 2100 72000 72000 0 0 0 0 0 72000
15-Jul
Bal 24000 2100 48000 2100 72000 72000 0 0 0 0 0 72000
20-Jul -2900 1500 1100 300
Bal 21100 2100 48000 2100 69100 72000 0 0 1500 1100 300 69100
31-Jul 7000 7000
Bal 28100 2100 48000 2100 76100 72000 0 7000 1500 1100 300 76100
31-Jul -1350 -1350
Bal 26750 2100 48000 750 76100 72000 0 7000 1500 1100 300 76100

Med sup Land A/p Total Comm stock Div Service rev Sal exp rent exp Utilities Exp Total
06-Jul 72000 72000
Bal 72000 0 0 0 72000 72000 0 0 0 0 0 72000
09-Jul -48000 48000
Bal 24000 0 48000 0 72000 72000 0 0 0 0 0 72000
12-Jul 2100 2100
Bal 24000 2100 48000 2100 72000 72000 0 0 0 0 0 72000
15-Jul
Bal 24000 2100 48000 2100 72000 72000 0 0 0 0 0 72000
20-Jul -2900 1500 1100 300
Bal 21100 2100 48000 2100 69100 72000 0 0 1500 1100 300 69100
31-Jul 7000 7000
Bal 28100 2100 48000 2100 76100 72000 0 7000 1500 1100 300 76100
31-Jul -1350 -1350
Bal 26750 2100 48000 750 76100 72000 0 7000 1500 1100 300 76100