Question

④V (M 'v D @ L1 יםロロロロロ ロロ D 'G 0 ם 'E B' ๑ 5 \ +) e liewhome chronosnu 85e41 3e1 sn9eTm16/9e 7acif Q m t . 0 c @. Ο Ο . Problem 2-6B Analyzing accoun Roshaun Gould started a weh consulting firm called Goulkd Solutions He began operations and completed seven tramsactions in April that resalted in the following accounts, which all have normal balances 20.000 Cnh Otfice suppies Prepaid rend C1 C3 A1 P2 2.750 ccounts paeyable R. Gouid Captal 5.000 Consuting lees eaned 20.400 Required Check (1) Tiat balance totsl 1. Prepare a trial balance for this business as of the enad ol April. $47 650 2. The fol kwing seven transactions produced the account halances shown abowe a. Gould invested S15,000 cash in the business b. Pasd $1,800 cash for monthly rens expense for April. e. Paid S7,650 cash for miscellancous expenses d. Purchaved office supplies for $750 cash. e. Purchased S12250 of office equipmcnt t. Received $20,400 cash for consulting services provided in April g. Goald withdrew $5,200 cash for personal use. Prepare a Cash T-account, cnter the cash effects (if any) of each transaction, and compute the ending Cash balance <coule each entry in the T-account one of the transaction co belance, 520 000 on credir (with accounes payable) odes a through g 12219

chapter 2. problem 2-6B

Answer 1

Trial balance
	Debit	Credit
Cash	20000
Office Supplies	750
Prepaid rent	1800
office Equipment	12250
Account Payable		12250
R Gould Capital		15000
R Gould Withdrawals	5200
Cosnulting Fees earned		20400
Miscelaneous expense	7650
Total	47650	47650