Selected transactions from the journal of Eberle Inc. during its first month of operations are presented here.
Question:
Selected transactions from the journal of Eberle Inc. during its first month of operations are presented here.
Date Account Titles Debit Credit Aug. 1 Cash 8,000 Common Stock 8,000 10 Cash 1,700 Service Revenue 1,700 12 Equipment 6,200 Cash 1,200 Notes Payable 5,000 25 Accounts Receivable 3,400 Service Revenue 3,400 31 Cash 600 Accounts Receivable 600.
Instructions
(a) Post the transactions to T-accounts.
(b) Prepare a trial balance at August 31, 2014.AppendixLO1
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Related Book For
Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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