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4b Determine the October 31 balance for each of the accounts above, and prepare a trial balance at October 31, 2020. CORONADO CO. Trial Balance
4b
Determine the October 31 balance for each of the accounts above, and prepare a trial balance at October 31, 2020. CORONADO CO. Trial Balance Debit Credit A $ Totals $ Reproduce the journal entries for the transactions that occurred on October 1, 10, and 20. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date ct. 1 3200 3200 Account Titles and Explanation Cash Owner's Capital (Owner's investment of cash in business) Cast Service Revenue (Receive cash for services performed) Clash ct. 10 400 400 ct. 10 4400 4400 Notes Payable (Obtain loan from bank) Cash ct. 20 500 500 Accounts Receivable (Receive cash in payment of account) Accounts Receivable ct. 20 500 SOD Service Revenue (Bill clients for services performed) Presented below is the ledger for Coronado Co. 10/1 10/10 10/10 10/20 10/25 No. 101 500 1.400 400 500 600 No. 112 500 10/6 10/20 No. 126 10/4 No. 157 Cash 3,200 10/4 400 10/12 4.400 10/15 500 10/30 2,900 10/31 Accounts Receivable 800 10/20 500 Supplies 500 Equipment 2,300 Notes Payable 10/10 Accounts Payable 1,400 10/3 Owner's Capital 10/1 10/25 Owner's Drawings 500 Service Revenue 10/6 10/3 10/12 No. 200 4,400 No. 201 2.300 No. 301 3,200 2,900 No. 306 10/30 No. 400 800 10/20 10/4 10/3 10/12 500 Supplies No. 126 500 Equipment No. 157 2,300 Notes Payable No. 200 10/10 4,400 Accounts Payable No. 201 1,400 10/3 2,300 Owner's Capital No. 301 10/1 3,200 10/25 2,900 Owner's Drawings No. 306 500 Service Revenue No. 400 10/6 800 10/10 400 10/20 500 Salaries and Wages Expense No. 726 600 Rent Expense No. 729 400 10/30 10/31 10/15 Step by Step Solution
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