Record the following transactions for Acme Builders:(a) Purchase office supplies on account, $1,200.(b) Provide services to customers for cash, $2,500.(c) Pay $1,100 in salaries for the current month.
What will be an ideal response?
(a) | Supplies | 1,200 | ? |
? | Accounts Payable | ? | 1,200 |
(b) | Cash | 2,500 | ? |
? | Service Revenue | ? | 2,500 |
(c) | Salaries Expense | 1,100 | ? |
? | Cash | ? | 1,100 |
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