Identifying Transactions from Worksheet Entries
The following worksheet has been retrieved from a company’s files that were destroyed by fire. Identify the underlying transactions that occurred during the month. Write a brief (one to two sentence) description of each transaction.
|
Cash |
Equipment |
Buildings |
Prepaids |
Accts. Pay. |
Sh. Equity |
Revs. |
Exps. |
|
a. 10,000 |
10,000 |
||||||
|
b. 2,000 |
2,000 |
||||||
|
c. 5,000 |
5,000 |
||||||
|
d. 90,000 |
90,000 |
||||||
|
e. 50,000 |
50,000 |
||||||
|
f. 3,500 |
3,500 |
1,200 |
|||||
|
g. 1,200 |
400 |
||||||
|
h. 400 |
500 |
||||||
|
i. |
500 |
||||||
|
j. |
8,000 |
8,000 |