(d) (e) 4,000 (g) 2,500 2,500 ( c) 1,500 (e) 4,000 Law Library M. Sanchez, Capital Salaries Expense (h) (a) 6,000 (a) 21,000 Sanchez Law Firm Trial Balance November 30 Account Debit Credit Cash ………………………………………….....……$11,000 Accounts Receivable ………………………….....….1,500 Law Library………………………….....……………6,000 Office Equipment ………………………….....……...7,500 Accounts Payable………………………….....……... 4,000 Maria Sanchez, Capital 21,000 …………………………....... Sanchez, Withdrawal …………………………2,000 Legal Fees Earned 5,500 ………………………….....…….. Salaries Expense ………………………….....…..…..2,500 Totals $ 30,500 $ 30,500 ………………………….....……... Bloom’s: Apply AACSB: Analytic AICPA BB: Industry AICPA FN: Measurement Difficulty: 3 Hard Learning Objective: 02-A1 Learning Objective: 02-P1 Learning Objective: 02-P2 Topic: Transaction Analysis Topic: Recording Transactions and Posting Entries Topic: Trial Balance
(e) 4,000 (g) 2,500 (d) 2,500 ( c) 1,500 (e) 4,000 Law Library M. Sanchez, Capital Salaries Expense (a) 6,000 (a) 21,000 (h) Sanchez Law Firm Trial Balance November 30 Account Debit Credit Cash ………………………………………….....……$11,000 Accounts Receivable ………………………….....….1,500 Law Library………………………….....……………6,000 Office Equipment ………………………….....……...7,500 Accounts Payable………………………….....……... 4,000 Maria Sanchez, Capital …………………………....... 21,000 Sanchez, Withdrawal …………………………2,000 Legal Fees Earned ………………………….....…….. 5,500 Salaries Expense ………………………….....…..…..2,500 Totals ………………………….....……... $ 30,500 $ 30,500 Bloom’s: Apply AACSB: Analytic AICPA BB: Industry AICPA FN: Measurement Difficulty: 3 Hard Learning Objective: 02-A1 Learning Objective: 02-P1 Learning Objective: 02-P2 Topic: Transaction Analysis Topic: Recording Transactions and Posting Entries Topic: Trial Balance
Test-Bank-Fundamental-Accounting-Principles-21st-Edition-Wild.docx