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A. Prepare a balance sheet for Paula Perna as of June 1, 20-. B. Record the beginning financial position of Paula Perna in two-column general
A. Prepare a balance sheet for Paula Perna as of June 1, 20-. B. Record the beginning financial position of Paula Perna in two-column general journal. Use page number 1 . This is the opening entry. C. Journalize the transactions for Paula Perna shown below. Use the following chart of accounts. Transactions June 1 Paid the rent for June, $500 cash. 2 Purchased typing and stationery supplies on account from The Stationery Store, $375. 3 Performed a legal service for cash, \$200. 5 Performed a legal on account for R. Spooner, $350. 8 Paid $1000 cash to The Stationery store on account. 10 Performed a legal service on account for T. \& R. Builders, \$1100. 11 Received $350 on account from R. Spooner. 15 Paid $40 cash for gasoline for the business automobile. 20 Paid wages for part -time secretarial help, $250. 24 Paid $64 cash for postage. 24 Paid the regular monthly installment to Acme Finance, $320. 30 Paula withdrew $450. Of this, $400 was of person use and $50 was for gasoline for the businesses automobile
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