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boost lte 628 pm 12 done principles of accountin 2...

Question: boost lte 628 pm 12 done principles of accountin 2...

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Boost LTE 6:28 PM 12% Done PRINCIPLES OF ACCOUNTIN... 2. Record the following selected transactions for April, identifying each entry Received S12,000 from Katie Long, owner. b. Purchased equipment for $25,000 paying $10,000 in cash and giving a note payable for the remainder. c Paid S1,800 for rent for April. d. Purchased $9,800 of supplies on account. e. Recorded $2,250 of fees earned on account. Received $9,000 in cash for fees earned. . Paid S300 to creditors on account. h. Paid salaries of $1,650. i. Received $1,190 from customers on account. . Recorded owners withdrawal of S2,350. PROBLEM (Worth 30 pts): 3. The following is the adjusted trial balance for Nadia Company. OR 300 Nadi Porter Earned 9930 s Expense Prepare and Income Statement, Statement of Owners Equity, and Balance Sheet. Assume that the capital account includes a beginning balance of S10,000 and investments of $3,000.

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