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Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. Enter the appropriate amounts/formulas in the answer cells, or select from the drop-down list. An asterisk (*) will appear next to or below an incorrect entry only in the outlined cells. Only ending balances of T accounts will be graded. In the trial balance, enter a zero in answer cells you would otherwise leave blank. 1. Account Debit Credit (a) Cash 20,000 Faith Schultz, Capital 20,000 (b) Rent Expense Cash (c) Supplies Accounts Payable (d) Accounts Payable Cash (e) Cash Sales Commissions (f) Automobile Expense Miscellaneous Expense Cash (g) Office Salaries Expense Cash (h) Supplies Expense Supplies (i) Faith Schultz, Drawing Cash 3,750 3,750 1,100 1,100 400 400 16,750 16,750 1,000 700 1,700 2,150 2,150 600 600 1,000 1,000
2. Cash a e 20,000 16,750 b d f h i Bal. 27,750 Supplies c Bal. 1,100 500 h 600 g Office Salaries Expense 2,150 3,750 400 1,700 2,150 1,000 b Sales Commissions e 16,750
3.
Cash Supplies Accounts Payable Faith Schultz, Capital Faith Schultz, Drawing Sales Commissions Rent Expense Office Salaries Expense Automobile Expense Supplies Expense Miscellaneous Expense
4. a. b. $ $ 16,750 8,200