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Date Submitted: 09/19/2012 09:19 AM
Chapter 3 Homework Solutions
EXERCISE 3-1 (15–20 minutes)
|Apr. | 2 |Cash |30,000 | |
| | |Equipment |14,000 | |
| | | Owner’s Capital | |44,000 |
| | | | | |
| | 2 |No entry—not a transaction. | | |
| | | | | |
| | 3 |Supplies |700 | |
| | | Accounts Payable | |700 |
| | | | | |
| | 7 |Rent Expense |600 | |
| | | Cash | |600 |
| | | | | |
| |11 |Accounts Receivable...