1. SANCHEZ COMPUTER CENTER

Tony's computer center is picking up in business, so he has decided to expand his bookkeeping system to a general journal/ledger system. The balances from August have been forwarded to the ledger accounts.

a. Use the previous chart of accounts to record the transactions found in your textbook, on pages 116 and 117.

b. Post all transactions to the general ledger accounts (the Prepaid rent Account #1025 has been added to the chart of accounts).

c. Prepare a trial balance for September 30, 201X

d. Prepare the financial statements for the three months ended September 30, 201X