Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / Derrick Wells decided to start a dental practice. The first flve transactions for the business follo

Derrick Wells decided to start a dental practice. The first flve transactions for the business follo


Derrick Wells decided to start a dental practice. The first flve transactions for the business follow. 1. Derrick Invested $8 Complete thls questlon by entering your answers In the tabs below. Req 1 Req 2 and 3 Post the above transactions into the app Derrick Wells decided to start a dental practice. The first flve transactions for the business follow. 1. Derrick Invested $82,000 cash in the business. 2. Paid $22,000 in cash for equipment. 3. Performed services for cash amounting to $8,200. 4. Paid $3,000 in cash for advertising expense. 5. Paid $2,200 ln cash for supplies. (1) Select which two accounts are affected in each of the above transactions. (2&3) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Select which two accounts are affected in each of the above transactions. Credit Debit Transactions Transaction 1 Transaction 2 Transaction 3 Transaction 4 Transaction 5 Req 2 and 3 Complete thls questlon by entering your answers In the tabs below. Req 1 Req 2 and 3 Post the above transactions into the appropriate T accounts. Cash Equipment Bal. Bal. Fees Income Advertising Expense Bal. Bal. Derrick Wells, Capital Supplies Bal. Bal. Req 1

Apr 07 2020 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions