1. Record each transaction. 2. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Cash, $46,100; Accounts Receivable, $1,700; Supplies, $500; Equipment, $7,400; Accounts Payable, $1,200; Common Stock, $25,000; Retained Earnings, $29,500. All other accounts had a beginning balance of zero. 3. Prepare a trial balance. Complete this question by entering your answers in the tabs below. General Journal T Accounts Trial Balance Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first accoun field.) View transaction list Journal entry worksheet 1 2 3 Date September 03 Note: Enter debits before credits. 4 5 Paint houses in the current month for $20,000 on account. 6 General Journal 7 8 Debit Credit Next >

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 18PA: Post the following July transactions to T-accounts for Accounts Receivable, Sales Revenue, and Cash,...
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1. Record each transaction.
2. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the
company had the following account balances: Cash, $46,100; Accounts Receivable, $1,700; Supplies, $500; Equipment, $7,400;
Accounts Payable, $1,200; Common Stock, $25,000; Retained Earnings, $29,500. All other accounts had a beginning balance of
zero.
3. Prepare a trial balance.
Complete this question by entering your answers in the tabs below.
General
Journal
Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first accoun
field.)
T Accounts Trial Balance
View transaction list
Journal entry worksheet
<
1
2 3
Note: Enter debits before credits.
Date
September 03
4
20022
5
Paint houses in the current month for $20,000 on account.
General Journal
1222
23 12
550 70-20
2015092
Sa
6
25527
7
8
Debit
Credit
Next >
Transcribed Image Text:1. Record each transaction. 2. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Cash, $46,100; Accounts Receivable, $1,700; Supplies, $500; Equipment, $7,400; Accounts Payable, $1,200; Common Stock, $25,000; Retained Earnings, $29,500. All other accounts had a beginning balance of zero. 3. Prepare a trial balance. Complete this question by entering your answers in the tabs below. General Journal Record each transaction. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first accoun field.) T Accounts Trial Balance View transaction list Journal entry worksheet < 1 2 3 Note: Enter debits before credits. Date September 03 4 20022 5 Paint houses in the current month for $20,000 on account. General Journal 1222 23 12 550 70-20 2015092 Sa 6 25527 7 8 Debit Credit Next >
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