Thad’s computer center’s business is picking up, so he has decided to expand his bookkeeping system to a general journal/ledger system. The balances from August have been forwarded to the ledger accounts.

Assignment
1. Use the chart of accounts in Chapter 2 to record the following transactions in Figures 3.37 through 3.47.

2. Post all journal entries to the general ledger accounts (the Prepaid Rent Account #1025 has been added to the chart of accounts).
3. Prepare a trial balance for September 30, 201X.
4. Prepare the financial statements for the 3 months ended September 30, 201X.