Read the tequirements ect the explanations on the last ine of the table Data Tab
ID: 2340161 • Letter: R
Question
Read the tequirements ect the explanations on the last ine of the table Data Table 1. Journalize each transaction including explanations 2. The accounts listed in the trial balance, together with their balances as of Hunter Service Center Trial Balance March 31, 2013 March 31, 2018, have been opened for you in T-account form Post the jourmal enries to the ledger (use T-account format) 3. Prepare the trial balance of Hunter Service Center as of April 30, 2018 Account Title Cash Accounts Receivable Office Supplies DebitCredit S 27000 5,500 Print Done More Into -xLand s 2.100 Accounts Payable Usilities Payable Unearned Revenue Notes Payable Common Stock Apr 2 Borrowed $56,000 from the bank and signed a note payable in the name of the 4 Paid cash of $34,000 to acquire land 9 Performed services for a customer and received cash of $13,000 13 Purchased office supplies on account, $200 15 Performed services for a customer on account, $3,400. 18 Paid $1,600 on account 21 Paid the following cash expenses salaries, $2,000, rent, $2,000, and interest 25.300 Service Revenue Salaries Expense Rent Expense Interest Expense Utilities Expense Total 9,000 1,500 1,900 $800 25 Received $2,200 from a customer on account 27 Received a $100 ulity bill that will be paid next month 29 Received $2.200 for services to be performed next month 30 Cash dividends of $1,600 were paid to stockholders 500 S 36,400 S 36,400 Print Done Print Done acarExplanation / Answer
1.
2.
3.
Date Accounts and Explanation Debit Credit Apr. 2 Cash 56000 Notes payable 56000 (Borrowed cash on notes payable) Apr. 4 Land 34000 Cash 34000 (Purchased land with cash) Apr. 9 Cash 13000 Service revenue 13000 (Performed services and received cash) Apr. 13 Office supplies 200 Accounts payable 200 (Purchased office supplies on account) Apr. 15 Accounts receivable 3400 Service revenue 3400 (Performed services on account) Apr. 18 Accounts payable 1600 Cash 1600 (Paid cash on account) Apr. 21 Salaries expense 2000 Rent expense 2000 Interest expense 800 Cash 4800 (Paid cash expenses) Apr. 25 Cash 2200 Accounts receivable 2200 (Received cash on account) Apr. 27 Utilities expense 100 Utilities payable 100 (Received utility bill to be paid next month) Apr. 29 Cash 2200 Unearned revenue 2200 (Unearned revenue received by cash) Apr. 30 Dividends 1600 Cash 1600 (Paid cash dividends to stockholders)Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.