Instruction: This is a company transaction of MC Gaborni Enterprises, Prepare a chart of accounts by completing the box. Chart of Accounts Statement of Financial Position/Statement of Codes Account titles Account Type Comprehensive Income Cash Prepaid Rent Revenue Delivery Vehicles Accounts Payable Equipment Inventory Interest Income Advertising Expense Accounts Receivable Note Payable Accrued Expense Office Supplies Furniture Loans Payable Capital Withdrawal Wage Expense Light and Power Expense Rent Expense Page 9 of 10 Account Codes: Assets 100-199 Liabilities 200-299 Equity 300-399 Revenues 400-499 Expenses 500-599
Instruction: This is a company transaction of MC Gaborni Enterprises, Prepare a chart of accounts by completing the box. Chart of Accounts Statement of Financial Position/Statement of Codes Account titles Account Type Comprehensive Income Cash Prepaid Rent Revenue Delivery Vehicles Accounts Payable Equipment Inventory Interest Income Advertising Expense Accounts Receivable Note Payable Accrued Expense Office Supplies Furniture Loans Payable Capital Withdrawal Wage Expense Light and Power Expense Rent Expense Page 9 of 10 Account Codes: Assets 100-199 Liabilities 200-299 Equity 300-399 Revenues 400-499 Expenses 500-599
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter1: The Information System: An Accountant’s Perspective
Section: Chapter Questions
Problem 9P: CHARACTERISTICS OF USEFUL INFORMATION All records in a file must be uniquely identifiable in at...
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Please answer correctly and provide the answers in what is really needed. Please be guided by photo attached. Thank you! I am a G11 student. Hope y'all will help me in my assignments! :))
Transcribed Image Text:Collaboration and Communications
Instruction: This is a company transaction of MC Gaborni Enterprises, Prepare a chart of
accounts by completing the box.
Chart of Accounts
Statement of Financial
Codes
Account titles
Account Type
Position/Statement of
Comprehensive Income
Cash
Prepaid Rent
Revenue
Delivery Vehicles
Accounts Payable
Equipment
Inventory
Interest Income
Advertising Expense
Accounts Receivable
Note Payable
Accrued Expense
Office Supplies
Furniture
Loans Payable
Capital
Withdrawal
Wage Expense
Light and Power Expense
Rent Expense
Page 9 of 10
Account Codes:
Assets
100-199
Liabilities
200-299
Equity
300-399
Revenues
400-499
Expenses
500-599
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