88 2 The Recording Process Journalize and post P2-3A Tom Zopf owns and manages a computer repair service, which had the following transactions and prepare a rial balance on December 31, 2018 (the end of its fiscal year). trial balance (LO 1, 2, 3, 4) TABLETTE REPAIR SERVICE, INC. Trial Balance December 31, 2018 Credit Cash Accounts Receivable Supplies Prepaid Rent Equipment Accounts Payable Common Stock Retained Earnings S 8,000 15,000 11,000 3,000 21,000 $17,000 30,000 11,000 $58,000 $58,000 Summarized transactions for January 2019 were as follows. 1. Advertising costs, paid in cash, $1,000. 2. Additional supplies acquired on account $3,600. 3. Miscellaneous expenses, paid in cash, $1,700. 4. Cash collected from customers in payment of accounts receivable $13,000. 5. Cash paid to creditors for accounts payable due $14,400. 6. Repair services performed during Januarv: for cash $5,000; on account $9,000. Common Stock Retained Earnings58000$58,000 30,000 11,000 $58,000 Summarized transactions for January 2019 were as follows. 1. Advertising costs, paid in cash, $1,000. 2. Additional su 3. Miscellaneous expenses, paid in cash, $1,700. 4. Cash collected from customers in payment of accounts receivable $13,000. 5. Cash paid to creditors for accounts payable due $14,400. 6. Repair services performed during January: for cash $5,000; on account $9,000. 7. Wages for January, paid in cash, $3,000. 8. Dividends during January were $1,600. Instructions (a) Open T-accounts for each of the accounts listed in the trial balance, and enter the pplies acquired on account $3,600. opening balances for 2019. (b) Prepare journal entries to record each of the January transactions. (Omit explana (c) Post the journal entries to the accounts in the ledger. (Add accounts as needed.) tions.) ) Trial balance totals $61,200 d) Prepare a trial balance as of January 31, 2019 Prepare a correcr trial balanice P2-4A The trial balance of Dominic Company shown below does not balance