Baldwin Realty, Inc., had the following transactions for the month of May, 2010. The following T-accounts have
Question:
Baldwin Realty, Inc., had the following transactions for the month of May, 2010.
The following T-accounts have been set up, for Baldwin Realty, Inc., with their beginning balances as of May 1,2010.
Requirements 1. Journalize the transactions for the month of May.
2. Post the journal entries to the appropriate T-accounts. Identify all items by date.
3. Calculate the balance of each account at May 31,2010.
4. Prove that the total of all the debit balances equals the total of all of the credit balances by preparing a trial balance.
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