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1. Journalize the transactions. (Do not provide explanations) 2. Post the transactions to T-accounts (Prepare the following T-accounts: Cash, Account Receivables, Supplies, Equipment, Account payables,
1. Journalize the transactions. (Do not provide explanations) 2. Post the transactions to T-accounts (Prepare the following T-accounts: Cash, Account Receivables, Supplies, Equipment, Account payables, Common Stock (Share capital), Service Revenue, Advertising Expense, Repair & Maintenance expense, Utility expense, Salary Expense. 3. Prepare a trial balance at October 31, 2020. (Hint: Compute ending balances of T-accounts first.). 4. Prepare an income statement in good form for the month of October 5. Prepare a statement of retained earnings for the month of October 6. Prepare a classified balance sheet in good form as of October 31st. 7. What do you think about the success of this company based on the results of the first month of operations? tra E3-18 Beyers Corporation provides security services. Selected transactions for Beyers are Jor presented below. one of TO pre Oct. 1 Issued common stock in exchange for $66,000 cash from investors. 2 Hired part-time security consultant. Salary will be $2,000 per month. First (L day of work will be October 15. 4 Paid 1 month of rent for building for $2,000. 7 Purchased equipment for $18,000, paying $4,000 cash and the balance on account 8 Paid $500 for advertising. 10 Received bill for equipment repair cost of $390. 12 Provided security services for event for $3,200 on account. Si 16 Purchased supplies for $410 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $148. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $5,100. Instructions en bobtoWA 00S (a) Journalize the transactions. Do not provide explanations. (b) Post the transactions to T-accounts. 000 DE (c) Prepare a trial balance at October 31, 2017. (Hint: Compute ending balances of T-accounts first.) po odoba
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