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    6 views1 page

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    Uploaded by

    Abubakar

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 1

    Date Description P/R Debit Credit

    PE 12-1
    Account receivable 45000
    Cash 20000
    Patent 92000
    Allowance for D.debt 3000
    Account payable 14000
    Holly Renfro, Capital 140000

    EX 12-1
    Cash 20000
    Account Receivable 140000
    Inventory 101700
    Equipment 81200
    Allowance for D.debt 4400
    Payne's, Capital 338500

    EX 12-2
    Cash 65000
    Account Receivable 125000
    Land 320000
    Equipment 34800
    Account Payable 24800
    Notes Payable 76000
    Allowance for D.debt 9500
    Freeman, Capital 434500

    PR 12-1 A
    Eric Keene
    Cash 23400
    Inventory 62600
    Eric Keene, Capital 86000

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