Haupt Consulting completed the following transactions during the first half of December,...

Haupt Consulting completed the following transactions during the first half of December, 2010:

Requirements

1. Open T-accounts in the ledger: Cash; Accounts receivable; Supplies; Equipment; Furniture; Accounts payable; Carl Haupt, Capital; Carl Haupt Withdrawals; Service revenue; Rent expense; Utilities expense.

2. Journalize the transactions, Explanations are not required.

3. Post to the T-accounts. Key all items by date, and denote an account balance as Bal. Formal posting references are not required.

4. Prepare a trial balance at December 18. In the Continuing Problem of Chapter 3, we will add transactions for the remainder of December and prepare a trial balance at December 31.