Construct a set of T accounts to record the transactions that occurred
business
Description
1. Construct a set of T accounts to record the transactions that occurred at Thumbs-Up Video, Inc., from November 1988 through June 1989. 2. Prepare a Statement of Financial Position as of June 30, 1989, for Thumbs- Up Video, Inc. 3. Prepare an Income Statement for Thumbs-Up Video, Inc., from incorporation through June 30, 1989. Disregard any income taxes that might be due.
