Tom Pryor formed a management consulting firm specializing in cost management systems. Below are the transactions that

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Tom Pryor formed a management consulting firm specializing in cost management systems. Below are the transactions that occurred during the initial month of operation.

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Pryor consulting uses the following accounts:

Cash Accounts Receivable Equipment Accounts Payable Capital Stock Revenues Salary Expense Rent Expense Travel Expense Supplies Expense Dividends

(a) Journalize the listed transactions.

(b) Post the transactions to the appropriate general ledger accounts.

(c) Prepare atrial balance as of June 30.

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Financial Accounting

ISBN: 9781456352974

1st Edition

Authors: Dr. Larry M. Walther

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