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12:31 Additional Quiz.pdf KS go Problem 1 Beyers Corporation provides security services. Selected transactions for Beyers Corporation are presented below: Oct. 1 Issued common stock
12:31 Additional Quiz.pdf KS go Problem 1 Beyers Corporation provides security services. Selected transactions for Beyers Corporation are presented below: 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 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. 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. Prepare journal entries for the above transactions. Post the transactions to Ledger Prepare trial balance at October 31 2020 . Additional Quiz for Principles of Accounting 1
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