B and C Sporting Goods is opening for business this month. Complete the table on the provided spreadsheet with the following transactions. Calculate the new balance for each account after each recorded transaction. HINT: Carry down the total even if the account is not affected or has a zero balance a. S b. C c. Received cash from owner, Charlie Tallman, as an investment, $8000.00 d. Paid cash for insurance, $1200.00 e. Bought supplies on account from Athletic Supply, $2500.00 f Paid cash for supplies, $275.00. 9 Paid cash on account to Athletic Supply, $500.00 Paid cash to owner, Charlie Tallman for personal un h. $1900 00

B and C Sporting Goods is opening for business this month. Complete the table on the provided spreadsheet with the following transactions. Calculate the new balance for each account after each recorded transaction. HINT: Carry down the total even if the account is not affected or has a zero balance a. S b. C c. Received cash from owner, Charlie Tallman, as an investment, $8000.00 d. Paid cash for insurance, $1200.00 e. Bought supplies on account from Athletic Supply, $2500.00 f Paid cash for supplies, $275.00. 9 Paid cash on account to Athletic Supply, $500.00 Paid cash to owner, Charlie Tallman for personal un h. $1900 00

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 5PA: Inner Resources Company started its business on April 1, 2019. The following transactions occurred...

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