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Accounting Problem General Ledger 3 Prepare the Trail Balance from the General Ledger ending balances INSTRUCTIONS 2 Post the entries to the General ledger 1
Accounting Problem General Ledger 3 Prepare the Trail Balance from the General Ledger ending balances INSTRUCTIONS 2 Post the entries to the General ledger 1 Journal the following entries Cash TRIAL BALANCE 2 Post the entries to the General ledger Ref Debit Credit Balance Equipment Account DR CR 3 Prepare a Trial Balance - Ref Debit Credit Balance 4 Prepare the Financial Statements - - - - 1 Janet Younger started a business using $100,000 of her own money. Younger opened a checking accounting and deposited all the funds there. - - 2 Younger purchased $5,000 of equipment and paid cash - - 3 Younger purchased $6,000 more equipment on account. Office plus extended her credit for the new computer. - 4 Younger hired two new employees at a salary of $48,000 each. - Supplies 5 Younger purchased supplies for $500 in cash. - Ref Debit Credit Balance 6 Younger paid $2,500 in cash to Office Plus for the computer. - - 7 Younger rented office space paying $6500 in rent for January - - 8 Received $36,000 in cash for services provided to clients. - 9 Performed more services for $11,000 and agreed the customer, Moe, could pay in
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