(L. OBJ. 2, 3, 4, 5) Journalizing transactions, posting to T-accounts and preparing a trial balance [45-60 min]
Ann Duxbury started her practice as a design consultant on March 1, 2010. During the first month of operations, the business completed the following transactions:
Requirements
1. Open the following T-accounts: Cash; Accounts receivable; Supplies; Furniture; Land; Accounts payable; Ann Duxbury, Capital; Ann Duxbury, Withdrawals; Service revenue; Salary expense; Rent expense.
2. Record each transaction in the journal, using the account titles given. Key each transaction by date. Explanations are not required.
3. Pt the transactions to the T-accounts, using transaction dates as posting references in the ledger accounts. Label the balance of each account Bal, as shown in the chapter.
4. Prepare the trial balance of Ann Duxbury, Designer, at March 31, 2010.
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.