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Please help me answer thes question from the picture with the informartion below

ID: 2334586 • Letter: P

Question

Please help me answer thes question from the picture with the informartion below. Thank you

Applying the Entire Accounting Cycle
Rhoades Tax Services began business on December 1, 2015. Its December transactions are as follows.

Dec. 1 Rhoades invested $20,000 in the business in exchange for common stock. 2 Paid $1,200 cash for December rent to Bomba Realty. 2 Purchased $1,080 of supplies on account. 3 Purchased $9,500 of office equipment; paying $4,700 cash with the balance due in 30 days. 8 Paid $1,080 cash on account for supplies purchased December 2. 14 Paid $900 cash for assistant's wages for 2 weeks' work. 20 Performed consulting services for $3,000 cash. 28 Paid $900 cash for assistant's wages for 2 weeks' work. 30 Billed clients $7,200 for December consulting services. 31 Paid $1,800 cash for dividends. Chrome File Edit View History Bookmarks People Window Help . Bilie Elish idontven 4 x Grades for David Purba F Chapter 3 REQUIRED HOMx na iel Accounting, 5e x Chegg Study l Guided So x M zzz-davidelsion urba@g Exams in Online Courses x + X e C https://mybusinesscourse.com/pl attempt-20190588page-4 David Purba MGMT E1000: FINANCIAL ACCOUNTING PRINCIPLES (FALL 2018 d. Prepare an unadjusted trial balance at December 31, 2015. RHOADES TAX SERVICES Unadjusted Trial Balance December 31, 2015 Grades Fall 2018 Midterm Debit Credt Fall 2018 Final Fces RcceMahle -Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Supplics Office Equipment Accounts Paysble Common Stock etained Earning Consulting Revenue ent Expense Wages Experse -Chapter 10 Chapter 11 Chapter 12 Save Anwers Previous page Finish attempt... Livew

Explanation / Answer

Unadjusted trial balance:-

**Cash = $20000+$3000-$1200-$1080-$4700-$1800-$1800 = $12420

Particulars Debit($) Credit($) Cash** 12420 Fees Receivable 7200 Supplies 1080 Office Equipment 9500 Accounts Payable 4800 Common Stock 20000 Retained earning 5400 Consulting Revenue 10200 Rent Expense 1200 Wages Expense 1800 Total
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