Record the transactions-using t-accounts

Reference no: EM131001976

Mike Szabo Company engaged in the following transactions during the month of December: December 2 Made credit sales of $4,000 (accepted accounts receivable).

6 Made cash sales of $2,500.
10 Paid office salaries of $500.
14 Sold land that originally cost $2,200 for $3,000 cash.
17 Paid $6,000 for equipment.
21 Billed clients $900 for services (accepted accounts receivable).
24 Collected $1,200 on an account receivable.
28 Paid an account payable of $700.

Required: Record the transactions, using T-accounts.

Reference no: EM131001976

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