Exercise 02.15 – T-Accounts w/ Journal Entries
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition
Given a list of journal entries along with beginning balances… post each to a T-account.
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Given a list of journal entries along with beginning balances… post each to a T-account.
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Given a list of accounts and balances… prepare a trial balance.
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Given a list of transactions… record each transaction, post each transaction to a T-account, and lastly use the T-account balances to create a trial balance.
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Given a list of transactions… record each transaction, post each transaction to T-accounts, then prepare a trial balance.
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Given a list of activities… indicate the impact on the accounting equation.
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Given a list of activities… show the impact on the accounting equation.
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Given a list of transactions… record each along with determining the impact on the accounting equation.
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Given a list of transactions between two companies… record the journal entries for both along with indicating the impact each transaction has on the accounting equation.
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Given a list of account balances… prepare a trial balance while also determining the balance of the equipment account.
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Given a list of account balances… prepare a trial balance while also determining the balance of the equipment account.
Your numbers will vary.