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The following T-accounts summarize the ledger of Vaughn Landscaping Company at the end of the...

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Accounting

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The following T-accounts summarize the ledger of Vaughn Landscaping Company at the end of the first month of operations. \begin{tabular}{lr|rr} \multicolumn{3}{c}{ Cash } & No. 101 \\ \hline 4/1 & 14,000 & 4/15 & 2,200 \\ 4/12 & 900 & 4/25 & 1,200 \\ 4/29 & 310 & \\ 4/30 & 2,200 & \end{tabular} \begin{tabular}{lr|lr} & \multicolumn{2}{c}{ Accounts Receivable } & No. 112 \\ \hline 4/7 & 4,000 & 4/29 & 310 \end{tabular} Accounts Payable No. 201 Date Account Titles and Explanation Debit Credit (Owner's investment of cash in business) (Purchased supplies on Account) (Billed customers for services provided) (Received cash for services performed) (Paid salaries to date) (Paid creditors on account) (Received cash in payment of account) (Received cash for future services)

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