1. Record the following selected transactions for April in a two-column journal, identifying each

entry by letter: (put letter into column of date, such as (a)) (20 points total)

(a) Received $18,000 from Katie Long, owner.

(b) Purchased equipment for $27,000, paying $10,000 in cash and giving a note payable

for the remainder.

(c) Paid $2,300 for rent for April.

(d) Purchased $1,500 of supplies on account.

(e) Recorded $9,800 of fees earned on account.

(f) Received $7,500 in cash for fees earned.

(g) Paid $1,200 to creditors on account.

(h) Paid wages of $3,425.

(i) Received $7,900 from customers on account.

(j) Recorded owners withdrawal of $1,875.

Date Description Post Ref Debit Credit

2. Post all these transactions into T-account and prepare an unadjusted Trial Balance based on the

information above (11 points total)

(Hint: Please use letter as reference when posting, such as (a). There are totally 11 accounts.)