Acct 2301 Chap 1 excel Solutions0

Acct 2301 Chap 1 excel Solutions0 - Given Data P02-06A: THE...

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Given Data P02-06A: THE GRAHAM CO. Transactions May 1 Cash invested in business $40,000 1 Cash paid for May rent 2,200 3 Office equipment purchased on credit 1,890 5 Cash paid for May cleaning services 750 8 Cash collected for services provided 5,400 12 Provided services on credit 2,500 15 Cash paid for assistant's salary (1st half of May) 750 20 Cash received for services provided May 12 2,500 22 Provided services on credit 3,200 25 Cash received for services provided May 22 3,200 26 Cash paid for office equipment purchased May 3 1,890 27 Purchased May advertising, payment due June 1 80 28 Cash paid for assistant's salary (2nd half of May) 750 30 Cash paid for May telephone bill 300 30 Cash paid for May utilities 280 31 Owner withdrew cash for personal use 1,400 Check figures: (2) Ending balances Cash $42,780 Expenses 5,110 (3) Net income $5,990 Total assets 44,670
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Student Name: Solutions Problem 02-06A THE GRAHAM CO. Assets
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This note was uploaded on 06/30/2011 for the course ACCOUNTING 2301 taught by Professor Sarah during the Fall '10 term at HCCS.

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Acct 2301 Chap 1 excel Solutions0 - Given Data P02-06A: THE...

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