Chapter 03 Homework 1

Chapter 03 Homework 1 - Professor Gordon ACCT151 9...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Professor Gordon ACCT151 9 September 2008 Chapter 3 Homework 1 E3, E6, E8, P9, P10 Assets Liabilitie s Stockholder’ s Equity 1 NE NE NE 2 I NE I 3 I NE I 4 D D NE 5 NE NE NE 6 I I NE 7 D D NE 8 D NE D 9 I NE I E3) E6) 1. Debit 2. Debit 3. Credit 4. Credit 5. Debit 6. Credit 7. Credit 8. Debit 9. Credit 10. Debit 11. Debit
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
E8) Spencer Corporation Trial Balance December 31, 2008 Account Titles Debits Credits Accounts Receivable $ 5,325 Automobiles 9,200 Buildings 150,000 Cash 10,500 Equipment 85,000 Land 50,000 Office Supplies 500 Accounts Payable $ 7,650 Income Taxes Payable 2,500 Notes Payable 90,000 Capital Stock 100,000 Retained Earnings 110,025 Commissions Revenue 12,750 Interest Revenue 1,300 Commissions Expense 2,600 Heat, Light, and Water Expense 1,400 Income Tax Expense 1,700 Office Salaries Expenses 6,000 Dividends 2,000 $324,225 $324,225
Background image of page 2
P9) Atkins Advertising Agency General Journal Page No. 1 Date Account Titles and Explanation Debit Credit Jan08 Cash 200,000 Capital Stock 200,000
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/22/2009 for the course ACCT 151 taught by Professor Largay during the Spring '07 term at Lehigh University .

Page1 / 4

Chapter 03 Homework 1 - Professor Gordon ACCT151 9...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online