Analyzing Transactions into T-Accounts Chapter 2-Notes Analyzing Transactions into T-Accounts Pg. 37 in the book---Working Together 2-2 Pg. 23 in the workbook

Cash, Accounts Receivable-S. Erickson, Supplies, Prepaid Insurance, Accounts Payable-Bales, K. Bergum, Capital, K. Bergum, Drawing, Sales, Advertising Exp., and Rent Expense April 1 Received cash from owner as an additional investment, $5000. Cash K. Bergum, Capital 5000 5000

Cash, Accounts Receivable-S. Erickson, Supplies, Prepaid Insurance, Accounts Payable-Bales, K. Bergum, Capital, K. Bergum, Drawing, Sales, Advertising Exp., and Rent Expense April 2 Paid cash for supplies, $50. Cash Supplies 50 50

Cash, Accounts Receivable-S. Erickson, Supplies, Prepaid Insurance, Accounts Payable-Bales, K. Bergum, Capital, K. Bergum, Drawing, Sales, Advertising Exp., and Rent Expense April 5 Paid cash for insurance, $75. Prepd. Insurance Cash 75 75

Cash, Accounts Receivable-S. Erickson, Supplies, Prepaid Insurance, Accounts Payable-Bales, K. Bergum, Capital, K. Bergum, Drawing, Sales, Advertising Exp., and Rent Expense April 6 Bought supplies on account from Bales Supplies, $100. Supplies Acts. Pay.--Bales 100 100

Cash, Accounts Receivable-S. Erickson, Supplies, Prepaid Insurance, Accounts Payable-Bales, K. Bergum, Capital, K. Bergum, Drawing, Sales, Advertising Exp., and Rent Expense April 9 Paid cash on account to Bales Supplies, $50. Acts. Pay.--Bales Cash 50 50

Pg. 44 in the book --- Working Together 2-3 Need T-Accounts from the Teacher All transactions effecting cash will go in one cash account; There will not be 2 separate T-accounts per transaction.

Cash, Accounts Receivable-S. Erickson, Supplies, Prepaid Insurance, Accounts Payable-Bales, K. Bergum, Capital, K. Bergum, Drawing, Sales, Advertising Exp., and Rent Expense April 10 Received cash from sales, $600 Cash Acts. Pay.-Bales Advertising Exp. 10) 600 K. Bergum, Capital Acts. Rec.-Erickson Rent Expense K. Bergum, Drawing Supplies Sales Prepd. Insurance 10) 600

Cash, Accounts Receivable-S. Erickson, Supplies, Prepaid Insurance, Accounts Payable-Bales, K. Bergum, Capital, K. Bergum, Drawing, Sales, Advertising Exp., and Rent Expense April 11 Sold services on account to S. Erickson, $850. Cash Acts. Pay.-Bales Advertising Exp. 10) 600 K. Bergum, Capital Acts. Rec.-Erickson Rent Expense 11) 850 K. Bergum, Drawing Supplies Sales Prepd. Insurance 10) 600 11) 850

Cash, Accounts Receivable-S. Erickson, Supplies, Prepaid Insurance, Accounts Payable-Bales, K. Bergum, Capital, K. Bergum, Drawing, Sales, Advertising Exp., and Rent Expense April 14 Paid cash for rent, $250. Cash Acts. Pay.-Bales Advertising Exp. 10) 600 14) 250 K. Bergum, Capital Acts. Rec.-Erickson Rent Expense 11) 850 K. Bergum, Drawing 14) 250 Supplies Sales Prepd. Insurance 10) 600 11) 850

Cash, Accounts Receivable-S. Erickson, Supplies, Prepaid Insurance, Accounts Payable-Bales, K. Bergum, Capital, K. Bergum, Drawing, Sales, Advertising Exp., and Rent Expense April 18 Received cash on account from S. Erickson, $425. Cash Acts. Pay.-Bales Advertising Exp. 10) 600 14) 250 18) 425 K. Bergum, Capital Acts. Rec.-Erickson Rent Expense 11) 850 18) 425 K. Bergum, Drawing 14) 250 Supplies Sales 10) 600 Prepd. Insurance 11) 850

Cash, Accounts Receivable-S. Erickson, Supplies, Prepaid Insurance, Accounts Payable-Bales, K. Bergum, Capital, K. Bergum, Drawing, Sales, Advertising Exp., and Rent Expense April 20 Paid cash to owner for personal use, $300. Cash Acts. Pay.-Bales Advertising Exp. 10) 600 14) 250 18) 425 20) 300 K. Bergum, Capital Acts. Rec.-Erickson Rent Expense 11) 850 18) 425 K. Bergum, Drawing 14) 250 Supplies 20) 300 Sales 10) 600 Prepd. Insurance 11) 850

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