Homework Help: accounting

Posted by chris on Wednesday, September 15, 2010 at 10:15pm.

I need to make a t account for accounting homework. The statements are from 2009?
Earned revenues for 2009 of 55,000 including 8,000 on credit and 47,000 cash.

Received a 3,000 deposit from hospital to start January 5, 2010.

Purchased supplies on account for future use. 7,000

accounting - Jake, Wednesday, September 15, 2010 at 10:40pm
credit revenue $55,000
Debit A/R $8,000
Debit Cash $47,000
Debit Cash $3,000
Credit Unearned Revenue $3,000
Debit Expense Account $7,000
Credit A/P $7,000

Answer this Question

Related Questions

accounting - The following information is for X Company for 2009: Direct ...
accounting - Please computate retained earnings During 2009, Edgemont ...
accounting - Making a t account need to know how to enter this Recognized ...
Accounting - Carpaitha Inc began 2009 with $140,000 in cash. The company plans ...
Accounting - Ferguson Company was started in 2008 when it acquired $60,000 from ...
accounting - Exercise 9-13: Accounts receivable turnover L.O. A1 The following ...
accounting - Express the following comparative income statements in common- size...
RE: accounting - When posting a journal entry how would I post the following. ...
principles accounting - 1)The objectivity principle? Means that information is ...
Immediate accounting - make a journal entry received cash for 1600 frome ...

For Further Reading

First Name:
School Subject:
Answer: