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2-30A Similar to) Stewart started her practice as a design consultant on September 1, 2018. During the first month of operations, the business completed the following transac Click the loon to view the transactions.) the requirements More Info Balance count Title Debit Credit Sep. 1 Received $44,000 cash and issued common stock to Stewart 4 6 Purchased office supplies, $1,100, and furniture, $1,500, on account. Performed services for a law firm and received $1,300 cash. 7 10 Paid $26,000 cash to acquire land to be used in operations. Performed services for a hotel and received its promise to pay the $1,100 within one week 14 Paid for the furniture purchased on September 4 on account 15 Paid assistants semimonthly salary, $1,430 17 Received cash on account, $900 20 Prepared a design for a school on account, $750 25 Received $2,400 cash for design services to be performed in October 28 Received $2,200 cash for consulting with Plummer& Gordorn. 29 Paid $960 cash for a 12-month insurance policy starting on October 1 30 Paid assistants semimonthly salary, $1,430 30 Paid monthly rent expense, $850. 30 Received a bill for utilities, $200. The bill will be paid next month 30 Paid cash dividends of $2,700 Print Done Total hoose from any list or enter any number in the input fields and then click Check Answer
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Answer #1
Stewart, Design Consultant
Trial Balance
September 30, 2018
Account Titles Debit Credit
$ $
Cash 16,130
Accounts Receivable 950
Office Supplies 1,100
Prepaid Insurance 960
Land 26,000
Furniture 1,500
Accounts Payable 1,100
Utilities Payable 200
Unearned Service Revenue 2,400
Stewart, Capital 44,000
Stewart, Withdrawals 2,700
Service Revenue 5,350
Salaries Expense 2,860
Rent Expense 650
Utilities Expense 200
Totals $ 53,050 $ 53,050
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