Accounting 1 Help, please follow the format in my example!

BELOW IS THE CORRECT FORMAT EXAMPLE

P2-2B Victoria Hall is a licensed dentist. During the first month of the operation of her business, the following events and transactions occurred. April 1 Invested $20,000 cash in her business. | Hired a secretary-receptionist at a salary of $700 per week payable monthly. 2 Paid office rent for the month $1,100. 3 Purchased dental supplies on account from Smile Company $4,000. 10 Provided dental services and billed insurance companies $5,100. 11 Received $1,000 cash advance from Trudy Borke for an implant. 20 Received $2,100 cash for services completed and delivered to John Carl. 30 Paid secretary-receptionist for the month $2,800. 30 Paid $2,400 to Smile Company for accounts payable due. Victoria uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 301 Owner's Capital, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. Instructions (a) Journalize the transactions. (b) Post to the ledger accounts. (e) Prepare a trial balance on April 30, 2012. P2-2A Desiree Clark is a licensed CPA. During the first month of operations of her business, the following events and transactions occurred. May 1 Clark invested $20,000 cash in her business. 2 Hired a secretary-receptionist at a salary of $2,000 per month. 3 Purchased $2,500 of supplies on account from Read Supply Company. 7 Paid office rent of $900 cash for the month. 11 Completed a tax assignment and billed client $3,200 for services provided. 12 Received $3,500 advance on a management consulting engagement. 17 Received cash of $1,200 for services completed for C. Desmond Co. 31 Paid secretary-receptionist $2,000 salary for the month. 31 Paid 60% of balance due Read Supply Company. Desiree uses the following chart of accounts: No. 101 Cash, No. 112 Accounts Receivable, No. 126 Supplies, No. 201 Accounts Payable, No. 209 Unearned Service Revenue, No. 301 Owner's Capital, No. 400 Service Revenue, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. Instructions (a) Joumalize the transactions. (b) Post to the ledger accounts. (c) Prepare a trial balance on May 31, 2012. PROBLEM 2-2A (a) J1 Date Account Titles and Explanation Ref. Debit Credit May Cash 10120,000 Owner's Capital 301 20,000 (Owner's investment of cash in business) 2 No entry-not a transaction. 126 2,500 201 2,500 3 Supplies Accounts Payable (Purchased supplies on account) 900 7 Rent Expense Cash (Paid office rent) 729 101 900 112 3,200 400 3,200 11 Accounts Receivable Service Revenue (Billed client for services provided) 12 Cash Unearned Service Revenue (Received cash for future services) 101 3,500 209 3,500 17 Cash 101 1,200 Service Revenue 400 1,200 (Received cash for services provided) 31 Salaries and Wages Expense Cash (Paid salaries) 726 2,000 101 2,000 PROBLEM 2-2A (Continued) Date Account Titles and Explanation May 31Accounts Payable ($2,500 X 60%) Cash (Paid creditor on account) Ref.Debit Credit 201 1,500 101 1,500 (b) Cash No. 101 Date ExplanationRef.Debit CreditBalance May 1 J120,000 20,000 7 J1 900 19,100 12 J1 3,500 22,600 17 J1 1,200 23,800 31 J1 2,000 21,800 31 J1 1,500 20,300 Accounts Receivable No. 112 Date ExplanatiorRef Debit CrediBalance May 1 J13,200 3,200 Supplies No. 126 Date ExplanatioRef.Debit CrediBalance J1 2,500 2,500 May 3 Accounts Payable No. 201 Date ExplanationRef.DebiCrediBalance May 3 J1 2,500 2,500 31 J11,500 1,000 No. 209 Unearned Service Revenue Date ExplanatiorRefDebitCrediBalance May 12 3,500 3,500 J1 PROBLEM 2-2A (Continued) Owner's Capital No. 301 Date Explanation RefDebitCredit Balance May 1 J1 20,000 20,000 Service Revenue No. 400 Date Explanation RefDebitCrediBalance May 1 J1 3,2003,200 1 J1 1,200 4,400 17 No. 726 Salaries and Wages Expense Date Explanation Ref Debit CreditBalance May 3 J12,000 2,000 1 Rent Expense No. 729 Date Explanation RefDebitCreditBalance May 7 J1 900 900 (c) DESIREE CLARK, CPA Trial Balance May 31, 2012 Debit Credit Cash $20,300 Accounts Receivable 3,200 Supplies 2,500 Accounts Payable $ 1,000 Unearned Service Revenue 3,500 Owner's Capital 20,000 Service Revenue 4,400 Salaries and Wages Expense 2,000 Rent Expense 900 $28,900 $28,900