On January 1, Merry Walker Established a Catering Service

question 87

Essay

On January 1, Merry Walker established a catering service. Listed below are accounts to use for transactions
(a) through
(d), each identified by a number. Following this list are the transactions that occurred during the first month of operations. 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​

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Definitions:

Staff Planners

Professionals who are responsible for developing strategies, allocating resources, and overseeing the scheduling of work to ensure organizational objectives are met.

Lack Commitment

Refers to a situation or attitude where individuals show a low level of dedication or engagement towards tasks, goals, or organizational objectives.

Staff Planners

Professionals responsible for developing, implementing, and coordinating an organization's strategic and operational plans.

Communication Gap

A situation where there is a failure in properly exchanging information, leading to misunderstandings or conflicts.