Answer Happy

Following is an extract of account balances of Wilson Mowing Service as of December 31 of the first year of operation:
Following is an extract of account balances of Wilson Mowing Service as of December 31 of the first year of operation: Accounts receivable $5,000 4,000 Accounts payable 5,000 Salary expense Repairs expense 1,000 10,000 Truck Equipment 8,000 8,200 Notes payable Cash 7,500 1,600 Supplies expense Service revenue 32,000 3,800 Gasoline expense Salary payable 200 $18,000 O $15,000 O $25,500 O $30,500
Accounts receivable Accounts payable Salary expense Repairs expense Truck Equipment Notes payable Cash Supplies expense Service revenue Gasoline expense Salary payable $18,000 $15,000 $25,500 O $30,500 $5,000 4,000 5,000 1,000 10,000 8,000 8,200 7,500 1,600 32,000 3,800 200