4. AAA Tax Service opens their business on April 1 and have the following transactions in the month. 5 Prepare T-accounts for the accounts above and post all transactions for April. 6 Create the Trial Balance in the space below. 7 Create an income statement for the month in the space below.
Suggested Clt Account a ba c d e h 1 1 4 A4 Tax Service uportather busin April 1 mdr the following actions AMAT 1 in modt. " The company founder meets 360.000 and becomes the company's only shareholder 42 The company huy & retoriale $10.000 paying 7000 cash and B. on can 7 The company papayo penite dt 82.000 pokey.cod. Eructive 41- 321lant you 49 The company's first customer pays cash of 54000 for tax service 4'17 Worlari I partored for an arretor 57 300 4'14 The company to what we do we months. The cost $6,000 on 425 The company colects 3 000 from customers for service just completed in fabove on 4/12 4726 The may $7000 rush for tea work for a Work will be in Manith 427 The many pary $2,000 for the first months orden 422 The company pup the mounted for the corpulus boughton 42 v 458.000 430 The company pays a dicend of $4.000 for the month A 1. KITEHrude 430 Create the depreciation entry for the month for the computers $250 per month 435 Make the ad any for month of its for the insurance purchmed 4/8 430 They rush and comhalt the job for the customer in above. Create the entry to recognize tall the wenu 430 A counter the polis sweat of $2,000 remaining in susplies Describe each of the above with a journal entry include the date Cali Ncents Receivable Prid CE supplies Computer & Office Equipment Amser pays Uneamed Revenue |Cauran slack. Rating Dividende Service Revenu Pentru Parol Esports In Expert Depreciation Expense Supe ! m o P Date Account Disbit Credit 6 Prepare Taccounts for the accounts above and post all transactions for April CASH Suggested Clt Account a ba c d e h 1 1 4 A4 Tax Service uportather busin April 1 mdr the following actions AMAT 1 in modt. " The company founder meets 360.000 and becomes the company's only shareholder 42 The company huy & retoriale $10.000 paying 7000 cash and B. on can 7 The company papayo penite dt 82.000 pokey.cod. Eructive 41- 321lant you 49 The company's first customer pays cash of 54000 for tax service 4'17 Worlari I partored for an arretor 57 300 4'14 The company to what we do we months. The cost $6,000 on 425 The company colects 3 000 from customers for service just completed in fabove on 4/12 4726 The may $7000 rush for tea work for a Work will be in Manith 427 The many pary $2,000 for the first months orden 422 The company pup the mounted for the corpulus boughton 42 v 458.000 430 The company pays a dicend of $4.000 for the month A 1. KITEHrude 430 Create the depreciation entry for the month for the computers $250 per month 435 Make the ad any for month of its for the insurance purchmed 4/8 430 They rush and comhalt the job for the customer in above. Create the entry to recognize tall the wenu 430 A counter the polis sweat of $2,000 remaining in susplies Describe each of the above with a journal entry include the date Cali Ncents Receivable Prid CE supplies Computer & Office Equipment Amser pays Uneamed Revenue |Cauran slack. Rating Dividende Service Revenu Pentru Parol Esports In Expert Depreciation Expense Supe ! m o P Date Account Disbit Credit 6 Prepare Taccounts for the accounts above and post all transactions for April CASH
