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Question 2.
      

 

Question 3.
      

 

Question 4.
      

 

Question 5.
      

 

Question 6.
      

 

Question 7.
      

 

Question 8.

Account Titles

Dr

Cr

Cash

$18,972

 

Accounts Receivable

6,920

 

Prepaid Rent

2,280

 

Equipment

18,050

 

Accumulated Depreciation

 

$ 4,895

Notes Payable

 

5,700

Accounts Payable

 

4,472

Common Stock

 

20,000

Retained Earnings

 

11,310

Dividends

3,000

 

Service Revenue

 

12,590

Salaries Expense

6,840

 

Rent Expense

2,760

 

Depreciation Expense

145

 

Interest Expense

83

 

Interest Payable

 

83

 

$59,050

$59,050

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