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0.16 points Pane expert and owns Much Money Consulting. This is his first month of operations and William has hired you to do his accounting.

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0.16 points Pane expert and owns Much Money Consulting. This is his first month of operations and William has hired you to do his accounting. The following transactions are for the month of October a. On October 2, William Curtis invested $32,600 cash into his business. b. On October 4, purchased $925 of office supplies for cash. c. On October 6, purchased $13,600 of office equipment on credit. d. On October 10, received $3,000 cash as revenue for being a guest on the TV show City Talk e. On October 12, paid for the office equipment purchased in transaction (c). f. On October 16, billed a customer $5,400 for delivering a corporate workshop on smart investing, g. On October 18, paid October's rent for the downtown office with $3,500 cash, h. On October 26, collected all cash for the account receivable created in transaction (1) 1. On October 31, withdrew $5,000 cash from the business for a trip to Hawaii eBook References Debit 32,600 Credit Date General Journal a. Oct. 02 Cash William Curtis, Capital b. Oct. 04 Office Supplies Cash 32,600 925 925 C. Oct. 06 Office Equipment Accounts Payable 13,600 13,600 d. Oct. 10 Cash Revenue 3,000 3,000 Oct. 12 13,600 Accounts Payable Cash 13,600 Oct. 16 Accounts Receivable Revenue 5,400 5,400 f. Oct. 16 Accounts Receivable Revenue 5,400 5,400 9. Oct. 18 Rent Expense Cash 3,500 3,500 h Oct. 26 Cash Accounts Receivable 5,400 5,400 Book i. Oct. 31 William Curtis, Withdrawals Cash 5,000 rences 5,000 Required: 1. - 3. Set up the following general ledger accounts using T-accounts: Cash; Accounts Receivable; Office Supplies: Office Equipment: Accounts Payable; William Curtis, Capital; William Curtis, Withdrawals; Revenue; and Rent Expense. Select the letter of the transaction next to your posting and also determine the balance of each account Cash Accounts Payable (h) End bal. End.Bal. Accounts Receivable William Curtis, Capital Accounts Receivable William Curtis, Capital End.bal End.bal Office Supplies William Curtis, Withdrawals End.Bal. End.bal Office Equipment Revenue End.Bal. End,bal Rent Expense End.bal

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