1. Prepare the journal entries to record the February transactions. 2. Set up the following ledger accounts and post all the journal entries: Cash; Accounts Receivable; Store Supplies; Store Equipment; Accounts Payable; Deyro, Capital; Deyro, Drawings; Service Revenue; Salaries Expense; and Utility Expense. (Leave the Account No. portion of the general ledger blank.) E. Prepare a trial balance.
1. Prepare the journal entries to record the February transactions. 2. Set up the following ledger accounts and post all the journal entries: Cash; Accounts Receivable; Store Supplies; Store Equipment; Accounts Payable; Deyro, Capital; Deyro, Drawings; Service Revenue; Salaries Expense; and Utility Expense. (Leave the Account No. portion of the general ledger blank.) E. Prepare a trial balance.
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 11PB: Prepare journal entries to record the following transactions. Create a T-account for Unearned...
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