Katie's Wedding Planning Service completed the following ...

[biggirl4568]

Katie's Wedding Planning Service completed the following transactions:
a. Billed clients for service, $1,250.
b. Completed work for clients who paid $500 cash.
c. Received a bill for utilities to be paid later, $120.
d. Collected cash on account from clients, $700.
e. Paid the amount due for utilities.
f. Withdrew $500 cash for personal use.
Required: Record the above transactions in the expanded accounting equation. Note that the items have beginning balances.
Katie's Wedding Planning Service

​	​	ASSETS	=	LIAB.	OWNER'S EQUITY	​	​	​
​	Cash    +	Accts.Rec.	=	Accts Payable	Katie, Capital	+Rev.	-Exp.	-Katie, With.
beg.	$ 800	$ 85	=	$300	$235	$ 900	$400	$150
a.	​	​	​	​	​	​	​	​
b.	​	​	​	​	​	​	​	​
c.	​	​	​	​	​	​	​	​
d.	​	​	​	​	​	​	​	​
e.	​	​	​	​	​	​	​	​
f.	​	​	​	​	​	​	​	​
T	​	​	​	​	​	​	​	​

[ASDFGJLO]

A FREE account is required to view all solutions! Click to Register

Login with Facebook Login with Google Login with Email

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 26% of students answer this correctly

[biggirl4568]

Gracias!

[bulacsom]

YES! Correct, THANKS for helping me on my review