Source: Century 21 South-Western Accounting 9th Edition 2009 Application 2-2 Source: Century 21 South-Western Accounting 9th Edition 2009

HAL’S MARKETING SERVICES CASH SUPPLIES PREPAID INSURANCE ACCOUNTS RECEIVABLE— DOMINIK FIELD ACCOUNTS PAYABLE – ALL STAR COMPANY HAL ROSEN, CAPITAL HAL ROSEN, DRAWING SALES ADVERTISING EXPENSE RENT EXPENSE

Debits are on the left and Credits are on the right! T Accounts Debits are on the left and Credits are on the right!

Mar. 1 Received cash from owner as an investment, $1000.00

March 1 Paid cash for insurance, $400.00

March 3 Bought supplies on account from All Star Company, $600.00

March 5 Paid cash for supplies, $100.00

March 8 Paid on account to All Star Company, $400.00