Business, 11.02.2020 00:49 jenniferboanno62
Derrick Wells decided to start a dental practice. The first five transactions for the business follow. 1. Derrick invested $45,000 cash in the business 2. Paid $15.000 in cash for equipment. 3. Performed services for cash amounting to $4,500 4. Paid $1,900 in cash for advertising expense 5. Paid $1,500 in 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 1Req 2 and 3 Select which two accounts are affected in each of the above transactions Debit Credit Transactions Transaction 1 Transaction 3
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Derrick Wells decided to start a dental practice. The first five transactions for the business follo...
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