70.2K

Verified Solution

Link Copied!

Problem 3.3A Using T accounts to record transactions involving revenues and expenses. LO 3-2, 3-4 The following occurred during June at Hicks Family Counseling. Post the following transactions into the appropriate Taccounts. Transactions: 1. Purchased office supplies for $6,000 in cash. 2. Delivered monthly statements, collected fee income of $52.000 3. Paid the current month's office rent of $10,000. 4. Completed professional counseling, billed client for $8,000. 5. Client paid fee of $4,000 for weekly counseling, previously billed. 6. Paid office salaries of $9.200. 7. Paid telephone bill of $1,160. 8. Billed client for $6,000 fee for preparing a counseling evaluation 9. Purchased office supplies of $2,200 on account 10. Paid office salaries of $9.200. 11. Collected $6,000 from client who was billed. 12. Clients paid a total of $18,200 cash in fees. 1. Purchased office supplies for $6,000 in cash. 2. Delivered monthly statements, collected fee income of $52,000. 3. Paid the current month's office rent of $10,000 4. Completed professional counseling, billed client for $8,000. 5. Client paid fee of $4,000 for weekly counseling, previously billed 6. Paid office salaries of $9,200 7. Paid telephone bill of $1,160 8. Billed client for $6,000 fee for preparing a counseling evaluation nces 9. Purchased office supplies of $2,200 on account. 10. Paid office salaries of $9,200. 11. Collected $6,000 from client who was billed. 12. Clients paid a total of $18,200 cash in fees. Analyze >

Answer & Explanation Solved by verified expert

See Answer