After recording the transactions in E6A, Prepare a trial balance in proper sequence for Ferdinand Repair Service
Question:
In E6A
a. Collin Ferdinand opened Ferdinand Repair Service by investing $8,600 in cash and $3,200 in repair equipment.
b. Paid $800 for the current month’s rent.
c. Purchased repair supplies on credit, $1,000.
d. Purchased additional repair equipment for cash, $600.
e. Paid salary to an employee, $900.
f. Paid $400 of amount purchased on credit in c.
g. Accepted cash for repairs completed, $3,720.
h. Withdrew $1,200 in cash.
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Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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