Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. a. RECORD JOURNAL ENTRIES - b. Post entries to T accounts c. Prepare UNADJUSTED TRIAL BALANCE. April 1 Ms. June Nozomi invested $30,000 cash

1. a. RECORD JOURNAL ENTRIES - b. Post entries to T accounts c. Prepare UNADJUSTED TRIAL BALANCE. April 1 Ms. June Nozomi invested $30,000 cash and computer equipment worth $20,000 in the business. 2 Received $1,200 cash deposit for services to be performed for the next 12 months. 3 Paid $2,400 cash for the premium on a 12-month insurance policy. 4 Rented furnished office space by paying $1,800 cash for first month's (April) rent. 5 Purchased $1,000 of office supplies on account. 6 Received bill for $1,100 for repairs to the company's computer, payable in 30 days. 14 Paid $1,600 cash for two week's wages earned by employees. 20 Collected $8,000 cash from selling airline tickets. 27 Paid $500 cash on the balance owed from the purchase on the 5th. 28 Again, paid $1,600 cash for two week's wages earned by employees. 29 Sent customer a bill for services rendered $300. Customer did not pay at this time. 30 Nozomi withdrew $1,500 cash for personal use. 30 Paid the repair bill that was received on April 6.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mastering 21st Century Enterprise Risk Management

Authors: Gregory M Carroll

1st Edition

1483510441, 9781483510446

More Books

Students also viewed these Accounting questions

Question

gpt 2 9 .

Answered: 1 week ago

Question

2. Ask questions, listen rather than attempt to persuade.

Answered: 1 week ago