Cash | ||||||
1-Aug | 8,500 | 12-Aug | 1,600 | |||
10-Aug | 1,800 | |||||
31-Aug | 700 | |||||
end bal | 9,400 | |||||
Accounts receivable | ||||||
25-Aug | 3,420 | 31-Aug | 700 | |||
end bal | 2,720 | |||||
Equipment | ||||||
12-Aug | 6,950 | |||||
end bal | 6,950 | |||||
Notes payable | ||||||
12-Aug | 5,350 | |||||
end bal | 5,350 | |||||
Common Stock | ||||||
8/1/2020 | 8500 | |||||
end bal | 8500 | |||||
Service revenue | ||||||
10-Aug | 1800 | |||||
25-Aug | 3,420 | |||||
end bal | 5220 | |||||
Trial Balance | ||||||
for the year ending Aug 31 | ||||||
Debit | Credit | |||||
Cash | 9,400 | |||||
Accounts receivable | 2,720 | |||||
Equipment | 6,950 | |||||
Notes payable | 5,350 | |||||
common stock | 8500 | |||||
Service revenue | 5220 | |||||
total | 19,070 | 19070 | ||||
Selected transactions from the journal of Sage Hill Inc. during its first month of operations are...
Selected transactions from the journal of Sage Hill Inc. during its first month of operations are presented here. Credit Debit 6,500 6,500 1,650 1,650 6,150 Date Account Titles Aug. 1 Cash Common Stock 10 Cash Service Revenue 12 Equipment Cash Notes Payable 25 Accounts Receivable Service Revenue 31 Cash Accounts Receivable 790 5,360 2,650 2,650 660 660 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) Cash Accounts Receivable Equipment Notes Payable...
Selected transactions from the journal of Skysong, Inc. during its first month of operations are presented here. Selected transactions from the journal of Skysong, Inc. during its first month of operations are presented here. Date Account Titles Debit Credit Aug. Cash 6,700 1 Common Stock 6,700 Cash 1,900 Service Revenue 1,900 - 12 Equipment 6,200 Cash 2,020 Notes Payable 4,180 25 Accounts Receivable 2,910 Service Revenue 2,910 31 Cash 590 Accounts Receivable 590 Post the transactions to T-accounts.(Post entries in...
Exercise 3-17 Selected transactions from the journal of Metlock, Inc. during its first month of operations are presented here. Date Account Titles Debit Credit Aug. 1 9,000 9,000 10 1,400 1,400 12 5,600 Cash Common Stock Cash Service Revenue Equipment Cash Notes Payable Accounts Receivable Service Revenue Cash Accounts Receivable 1,540 4,060 25 2,570 2,570 31 750 750 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) Cash Accounts Receivable : Equipment...
Selected transactions from the journal of Splish Brothers Inc. during its first month of operations are presented here. Account Titles Debit Credit Date Aug 1 Cash 7,700 7.700 10 1.250 1.250 12 6,400 Common Stock Cash Service Revenue Equipment Cash Notes Payable Accounts Receivable Service Revenue Cash Accounts Receivable 1.550 4,850 25 2.890 2,890 31 500 500 (a) Post the transactions to accounts. (Post entries in the order of journal entries presented in the question) Cash Accounts Receivable Equipment Equipment...
Selected transactions from the journal of Splish Brothers Inc. during its first month of operations are presented here. Date Account Titles Debit Credit Aug 1 Cash 7,700 7,700 10 1.250 1,250 12 6,400 Common Stock Cash Service Revenue Equipment Cash Notes Payable Accounts Receivable Service Revenue Cash Accounts Receivable 1,550 4,850 25 2.890 2,890 31 500 500 Post the transactions to T-accounts. (Post entries in the order of Journal entries presented in the question.) Cash Aug. 1 7700 Aug. 12...
Selected transactions from the journal of Larkspur, Inc. during its first month of operations are presented here. Date Account Titles Debit Credit Aug. 1 Cash 7,700 Common Stock 7,700 10 Cash 1,550 Service Revenue 1,550 12 Equipment 6,300 Cash 2,300 Notes Payable 4,000 25 Accounts Receivable 3,410 Service Revenue 3,410 31 Cash 760 Accounts Receivable 760 (a) Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.)
Selected transactions from the journal of Sharrock, Inc. during its first month of operations are presented here. Account Titles Debit Credit Date Aug 1 Cash 7,600 7,600 10 1,450 1,450 12 6,050 Common Stock Cash Service Revenue Equipment Cash Notes Payable Accounts Receivable Service Revenue Cash Accounts Receivable 840 5,210 2,570 25 2,570 610 31 610 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) Cash Aug. 1 $7600 Aug. 10 $1450...
Selected transactions from the journal of Marin Inc. during its first month of operations are presented here. Date Account Titles Debit Credit Aug Cash 7,800 Common Stock 7,800 10 Cash 1,050 Service Revenue 1,050 12 Equipment 6,250 Cash 2,010 Notes Payable 4,240 25 Accounts Receivable 3,450 Service Revenue 3,450 31 Cash 430 Accounts Receivable 430 Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.) 20 Post tne transactions to T-accounts.(Post entries in...
Selected transactions from the journal of Baylee Inc. during its first month of operations are presented here. Credit Date Aug. 1 Debit 8,000 8,000 10 1,700 1,700 12 6,200 Account Titles Cash Common Stock Cash Service Revenue Equipment Cash Notes Payable Accounts Receivable Service Revenue Cash Accounts Receivable 1,200 5,000 25 3,400 3,400 31 600 600 Your answer is partially correct. Try again. Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.)...
Question 4 Selected transactions from the journal of Mulder and Scully Inc. during its first month of operations are presented here. Credit Debit 5,000 5,000 1,700 1,700 8,200 General Journal Date Account Aug. 1 Cash ........ Common Stock ................... 10 Cash ......... Service Revenue ......... 12 Office Equipment ........ Cash ... Notes Payable .......... 25 Account Receivable Service Revenue ... 31 Cash ....... Accounts Receivable .......... 1. Post the transaction to T accounts. 2. Prepare a trial balance at August...