quiz 3 -...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Emily Leung_x000D_Accounting 221 TA: L. Martin_x000D_Take Home Quiz #3_x000D_                     CELTIC COMPANY                      T-ACCOUNTS, 2011                     ASSETS =            LIABILITIES +                        STOCKHOLDER'S EQUITY                    Cash        Accounts Payable           Common Stock         Retained Earnings Debit Credit Debit Credit Debit Credit Debit Credit BB          4,3001b.            110 2.           2001a.       2,200 BB      10,000 BB        3,300 3.           1,980 3.        2,000 Bal.    10,000 4.         5,500 7.           5,390 6.               60   Bal.           0 Bal.      8,800 5.              710 Bal.         6,380    Sales Return Allowance Debit Credit 5.           710 Bal.         710                 Inventory          Sales Discount Debit Credit Debit Credit BB          9,0002.              200 3.             20 1a.          2,200 4.           3,000 7.           110 1b.            110 Bal.         130 5.              400
Background image of page 1

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

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 5

quiz 3 -...

This preview shows document pages 1 - 2. Sign up to view the full document.

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