Solution-Create t accounts for cash

Create t accounts for cash

Reference no: EM13512486

Roberto Alvarez began a business called Roberto's Fix-It Shop.

1. Create T accounts for Cash; Supplies; Roberto Alvarez, Capital; and Utilities Expense. Identify the following transactions by letter and place them on the proper side of the T accounts:

(a) Invested cash in the business, $6,000.

(b) Purchased supplies for cash, $1,200.

2. Foot the T account for cash and enter the ending balance.

Reference no: EM13512486

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Create t accounts for cash

Reference no: EM13512486

Reference no: EM13512486

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