This preview shows page 1. Sign up to view the full content.
Unformatted text preview: Oct. 2 Debit stockholders equity to decrease expenses: 42,000 Credit Assets to decrease cash: 42,000 Oct. 3 Debit assets to increase furniture: 3,600 Credit Assets to increase accounts payable: 3,600 Oct. 6 Debit Assets to increase accounts receivable: 10,800 Credit Stockholders Equity to increase Revenue: 10,800 Oct. 10 Debit Assets to increase Cash: 140 Credit Stockholders Equity to increase Revenues: 140 Oct. 27 Debit Assets to increase office furniture: 700 Credit Liabilities to increase accounts payable: 700 Oct. 30 Debit Retained Earnings to increase Salaries Expense: 3,500 Credit Assets to decrease Cash: 3,500...
View Full Document
This note was uploaded on 04/09/2008 for the course ACC 281 taught by Professor Yang during the Spring '08 term at SUNY Brockport.
- Spring '08