Take me to the text Skyler Walter recently started her own shoe repair business. Transactions for the first month of ope

Post by **answerhappygod** » Mon May 30, 2022 8:38 am

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Please provide the solution in the same series as per the template.
Thank You
Take me to the text Skyler Walter recently started her own shoe repair business. Transactions for the first month of operations (September 2019) are as follows. 1) Skyler invested $19.900 cash in the business. 2) Paid two months of rent in advance, in the amount of $1,200. 3) Purchased store equipment worth $3,700 with cash. 4) Incurred business registration expenses paid with $630 cash. 5) Paid travel expenses with $1,240 cash. 6) Received $2.110 cash from customers for shoe repair services performed during the month. 7) Provided shoe repair services worth $2,480 on account. 8) Paid $1.260 to an assistant. 9) Borrowed $1,960 cash from the bank. 10) Received $930 in bills for electricity, water and telephone, to be paid next month. 11) Skyler withdrew $510 cash for personal purposes. 12) Received $320 owing from a customer for service provided earlier this month. Required Record the above transactions on the T-Account worksheet. Do not enter dollar signs or commas in the input boxes Use the negative sign for negative values The T-Account fields are labeled by transaction number, Record each transaction by entering the value into the corresponding T-Account field.
Assets (what we OWN) Cash Increase Opening: S Transaction #1 Transaction # 2 Transaction #3 Transaction #4 Transaction #5 Transaction #6 Transaction #7 Transaction = 8 Transaction #9 Transaction 10 Transaction = 11 Transaction #12 Walter Shoe Repair Balance Sheet As at September 30, 2019 Transaction #1 Transaction # 2 Transaction # 3 Transaction #4 Transaction # 5 Transaction # 6 Transaction #7 Transaction # 8 Transaction #9 Transaction # 10 Transaction #11 Transaction 12 Decrease Liabilities (what we OWE) Accounts Payable Opening: S Decrease Increase
Opening: S Transaction #1 Transaction #2 Transaction # 3 Transaction #4 Transaction # 5 Transaction #6 Transaction #7 Transaction #8 Transaction #9 Transaction 10 Transaction 11 Transaction 12 Ending: S Increase Accounts Receivable Prepaid Rent Decrease Decrease Transaction #1 Transaction #2 Transaction #3 Transaction #4 Transaction # 5 Transaction #6 Transaction #7 Transaction #8 Transaction #9 Transaction # 10 Transaction #11 Transaction #12 Decrease Bank Loan Opening: $ Ending: S Walter Canital Increase Increase
Opening: S Transaction #1 Transaction #2 Transaction #3 Transaction #4 Transaction #5 Transaction # 6 Transaction #7 Transaction 8 Transaction #9 Transaction = 10 Transaction #11 Transaction #12 Ending: S Transaction #1 Transaction #2 Transaction #3 Transaction #4 Transaction #5 Transaction # 6 Transaction #7 Transaction #8 Transaction #9 Transaction # 10 Transaction #11 Transaction 12 Opening: $ Ending: S
Opening: S Transaction #1 Transaction # 2 Transaction #3 Transaction #4 Transaction #5 Transaction #6 Transaction #7 Transaction=8 Transaction #9 Transaction #10 Transaction 11 Transaction 12 Ending: S Total Assets Equipment Decrease Increase Transaction #1 Transaction #2 Transaction #3 Transaction #4 Transaction # 5 Transaction #6 Transaction #7 Transaction #8 Transaction #9 Transaction 10 Transaction #11 Transaction 12 Ending: S Decrease
Ending: $ Total Assets $ Total Liabilities $ Owner's Equity $ # Endi
Walter Shoe Repair Income Statement For the Month Ended September 30, 2019 REVENUE Decrease- Increase + Transaction #1 Transaction # 2 Transaction # 3 Transaction #4 Transaction # 5 Transaction #6 Transaction #7 Transaction & Transaction #9 Transaction = 10 Transaction #11 Transaction #12 Ending: S
Increase Transaction #1 Transaction #2 Transaction #3 Transaction #4 Transaction #5 Transaction #6 Transaction #7 Transaction #8 Transaction=9 Transaction 10 Transaction @ 11 Transaction #12 Ending: S Registration Decrease Expenses Increase Transaction #1 Transaction #2 Transaction # 3 Transaction #4 Transaction #5 Transaction #6 Transaction #7 Transaction #8 Transaction #O Transaction #10 Transaction 11 Transaction=12 Ending: S Salaries Decrease
Transaction #1 Transaction #2 Transaction #3 Transaction #4 Transaction #5 Transaction #6 Transaction #7 Transaction #8 Transaction #9 Transaction #10 Transaction 11 Transaction #12 Ending S Check Travel Transaction #1 Transaction #2 Transaction #3 Transaction #4 Transaction #5 Transaction #6 Transaction #7 Transaction #8 Transaction #9 Transaction #10 Transaction #11 Transaction #12 Ending S Total Revenue Total Expenses Surplus (Deficit) Telephone and Utilities