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  • Activity Sophie

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    Nhette Cabuhal
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    This document provides a list of account titles that can be used to prepare T-accounts to record transactions, including asset, liability, capital, revenue and expense accounts such as Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Capital, Sales, Sales Returns, Sales Discounts, Purchases, Purchase Returns, Purchase Discounts, Freight In, Freight Out, Rent Expense, Salaries Expense, Utilities Expense and Advertising Expense.

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    This document provides a list of account titles that can be used to prepare T-accounts to record transactions, including asset, liability, capital, revenue and expense accounts such as Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Capital, Sales, Sales Returns, Sales Discounts, Purchases, Purchase Returns, Purchase Discounts, Freight In, Freight Out, Rent Expense, Salaries Expense, Utilities Expense and Advertising Expense.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    6 views2 pages

    Activity Sophie

    Uploaded by

    Nhette Cabuhal
    This document provides a list of account titles that can be used to prepare T-accounts to record transactions, including asset, liability, capital, revenue and expense accounts such as Cash, Accounts Receivable, Supplies, Equipment, Accounts Payable, Capital, Sales, Sales Returns, Sales Discounts, Purchases, Purchase Returns, Purchase Discounts, Freight In, Freight Out, Rent Expense, Salaries Expense, Utilities Expense and Advertising Expense.

    Copyright:

    © All Rights Reserved
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    of 2

    ACTIVITY: PREPARE THE T-ACCOUNT OF THE FOLLOWING TRANSACTIONS.

    LIST OF ACCOUNT TITLES

    101 - Cash
    102 - Accounts Receivable
    103 - Supplies
    104 - Equipment
    201 - Accounts Payable
    301 - Sophie, Capital
    401 - Sales
    402 - Sales Returns and Allowances
    403 - Sales Discount
    501 - Purchases
    502 - Purchase Returns and Allowances
    503 - Purchase Discount
    504 - Freight In
    601 - Freight Out
    602 - Rent Expense
    603 - Salaries Expense
    604 - Utilities Expense
    605 - Advertising Expense

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