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a? Below is the trial balance of Slowcombe Services on September 30, 2021. SLOWCOMBE SERVICES Trial Balance September 30, 2021 Debit Credit Cash $7.500 Accounts
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Below is the trial balance of Slowcombe Services on September 30, 2021. SLOWCOMBE SERVICES Trial Balance September 30, 2021 Debit Credit Cash $7.500 Accounts receivable 2,000 Supplies 1,500 Equipment 7,500 Accounts payable $ 4,000 800 Unearned revenue W. Slowcombe, capital 13,700 $ 18,500 $ 18,500 The October transactions were as follows: Oct. 5 10 15 Received $1,000 in cash from customers for accounts receivable due. Billed customers for services performed in the amount of $5,000. Paid employee salaries of $1,000. Performed $ 500 of services for customers who paid in advance in August. Paid $ 1,200 to creditors for accounts payable due. William Slowcombe withdraws $ 200 cash for personal use. 17 20 29 30 Paid utilities of $ 400. 31 Paid $500 for maintenance expense. (a) Your answer is partially correct. Prepare a general ledger using Taccounts. Enter the opening balances in the ledger accounts as of October 1. Cash Oct. 1 Bal 5200 Oct. 31 5200 Accounts Receivable Oct. 1 Bal. 6000 Oct 31 Supplies Oct. 1 Bal. 1500 Oct. 31 Equipment Oct. 1 Bal 7500 Oct 31 Accounts Payable Oct. 31 2800 Oct. 1 Bal Unearned Revenue Oct. 31 300 Oct. 1 Bal 300 4 W. Slowcombe, Capital Oct. 31 . 13500 Oct. 1 Bal 13500 Step by Step Solution
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