General Ledger Accounts Set up T accounts for each of the general ledger accounts needed...
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Accounting
General Ledger Accounts Set up T accounts for each of the general ledger accounts needed for the following transactions. 1. Invested cash in the business, $5,200. 2. Paid office rent, $500. 3. Purchased office supplies on account, $300. 4. Received cash for services rendered (fees), $400. 5. Paid cash on account, $50. 6. Rendered services on account, $300. 7. Received cash for an amount owed by a customer, $100. Post debits and credits to the accounts. Foot the accounts and enter the balances. Accounts Receivable Office Supplies Accounts Payable Owner's Capital Fees Prove that total debits equal total credits
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