Collins' Practice Set - Date Account titles and...

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Date Account titles and explanations Ref. Debit Credit 2-Jul Cash 101 81,000 Commons Stock 301 81,000 Rent Expense 517 950 Cash 101 950 Inventory 120 16,400 Accounts Payable 210 16,400 5-Jul Office Supplies 135 1,450 Accounts Payable 210 1,450 Notes Payable 245 8,500 Cash 101 8,500 Accrued Interest Payable 221 3,300 Cash
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Unformatted text preview: 3,300 10-Jul Cash 101 14,850 Sales Revenue 401 14,850 AdverTsing Expense 506 300 Cash 101 300 15-Jul Accounts Receivable 110 3,500 Sales Revenue 401 3,500 22-Jul Accounts Payable 210 16,400 Cash 101 16,400 24-Jul Accounts Payable 1,450 Cash...
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  • Spring '13
  • ElaineKelly
  • Accounting, Generally Accepted Accounting Principles

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