Exercise 02.08 – Craft Company
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Record transactions for equipment, services, rent, supplies, salaries.
Record transactions for equipment, services, rent, supplies, salaries.
Record transactions for equipment, services, rent, supplies, salaries.
Record transactions for equipment, services, rent, supplies, salaries.
Provide an explanation for each transaction.
Record transactions for advertising, supplies, salaries, revenue, utility.
Record each transaction (stock, loan, equipment, advertising, revenue, salary).
Record each transaction (stock, loan, equipment, advertising, revenue, salary).
Assess whether the record transaction is correct or not.
Given a list of transactions… record each along with determining the impact on the accounting equation.