On January 1, Merry Walker established a catering service. Listed below are accounts to use for transactions
(a) through
(e), each identified by a number. Following this list are the transactions that occurred in Walker's first month of operation. You are to indicate for each transaction the accounts that should be debited and credited by placing the account number
(s) in the appropriate box.
1.Cash
2.Accounts Receivable
3.Supplies
4.Prepaid Insurance
5.Equipment
6.Truck
7.Notes Payable
8.Accounts Payable
9.Merry Walker, Capital
10.Merry Walker, Drawing
11.Fees Earned
12.Wages Expense
13.Rent Expense
14.Utilities Expense
15.Truck Expense
16.Miscellaneous Expense
17.Insurance Expense

Question

On January 1, Merry Walker established a catering service. Listed below are accounts to use for transactions 
(a) through 
(e), each identified by a number. Following this list are the transactions that occurred in Walker's first month of operation. You are to indicate for each transaction the accounts that should be debited and credited by placing the account number
(s) in the appropriate box.
1.Cash
2.Accounts Receivable
3.Supplies
4.Prepaid Insurance
5.Equipment
6.Truck
7.Notes Payable
8.Accounts Payable
9.Merry Walker, Capital
10.Merry Walker, Drawing
11.Fees Earned
12.Wages Expense
13.Rent Expense
14.Utilities Expense
15.Truck Expense
16.Miscellaneous Expense
17.Insurance Expense​

Quizplus · Accepted Answer

The Answer of On January 1, Merry Walker established a catering service. Listed below are accounts to use for transactions 
(a) through 
(e), each identified by a number. Following this list are the transactions that occurred in Walker's first month of operation. You are to indicate for each transaction the accounts that should be debited and credited by placing the account number
(s) in the appropriate box.
1.Cash
2.Accounts Receivable
3.Supplies
4.Prepaid Insurance
5.Equipment
6.Truck
7.Notes Payable
8.Accounts Payable
9.Merry Walker, Capital
10.Merry Walker, Drawing
11.Fees Earned
12.Wages Expense
13.Rent Expense
14.Utilities Expense
15.Truck Expense
16.Miscellaneous Expense
17.Insurance Expense​

On January 1, Merry Walker Established a Catering Service