1b

Prepare a trial balance at August 31, 2020. JUNE FELDMAN, INVESTMENT BROKER Trial Balance Debit Credit : A $ Selected transactions from the journal of June Feldman, investment broker, are presented below. Date Account Titles and Explanation Ref. Debit Credit Aug. 1 Cash 6,450 Owner's Capital 6,450 (Owner's investment of cash in business) 10 Cash 3,354 Service Revenue 3,354 (Received cash for services performed) Equipment 6,450 Cash 2,94 Notes Payable 3,483 (Purchased equipment for cash and notes payable) 25 Accounts Receivable 2,193 Service Revenue 2,193 (Billed clients for services performed) 31 1,161 Accounts Receivable 1,161 (Receipt of cash on account) 12 Cash Post the transactions to T-accounts. (Post entries in the order presented in the problem statement.) Cash 6450 Aug. 12 Aug. 1 2967 Aug 10 3354 Aug. 31 1161 Bal. 7998 Accounts Receivable 2193 Aug 31 Aug. 25 1161 Bal 1032 Aug. 12 Equipment 6450 Notes Payable Aug 12 Owner's Capital | Aug 1 Service Revenue 3483 6450 Aug. 10 : 3354 Aug 25 4 2193 Bal 5547