P02-06 - Problem 2–6 Requirement 2 a Cash 70,000 Accounts...

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Problem 2–6 Requirement 2 a. Cash ........................................................................... 70,000 Accounts receivable ................................................. 30,000 Service revenue ..................................................... 100,000 b. Cash ........................................................................... 27,300 Accounts receivable .............................................. 27,300 c. Cash ........................................................................... 10,000 Common stock ....................................................... 10,000 d. Salaries expense ....................................................... 41,000 Salaries payable ........................................................ 9,000 Cash ....................................................................... 50,000 e. Miscellaneous expenses ............................................ 24,000 Cash ....................................................................... 24,000 f. Equipment .................................................................. 15,000 Cash ....................................................................... 15,000 g. Retained earnings ..................................................... 2,500 Cash ....................................................................... 2,500
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