Mark Hockenberry owns and manages a computer repair service, which had the following trial balance on December 31, 2013 (the end of its fiscal year).

Summarized transactions for January 2014 were as follows.
1. Advertising costs paid in cash, $1,000.
2. Additional supplies acquired on account $4,000.
3. Miscellaneous expenses paid in cash, $1,700.
4. Cash collected from customers in payment of accounts receivable $13,000.
5. Cash paid to creditors for accounts payable due $15,000.
6. Repair services performed during January: for cash $5,000; on account $9,000.
7. Wages for January paid in cash, $3,000.
8. Dividends during January were $2,000.

Instructions
(a) Open T-accounts for each of the accounts listed in the trial balance, and enter the opening balances for 2014.
(b) Prepare journal entries to record each of the January transactions. (Omit explanations.)
(c) Post the journal entries to the accounts in the ledger. (Add accounts as needed.)
(d) Prepare a trial balance as of January 31,2014.

Byte Repair Service, Inc. Trial Balance December 31, 2013 Cash Accounts Receivable Supplies Prepaid Rent Equipment Accounts Payable Common Stock Retained Earnings $8,000 15,000 13,000 3,000 21,000 $19,000 30,000 11,000 $60,000 $60,000