Alpha Pro Company

Trial Balance

July 31, 2011

Cash (111) $10,590

Accounts Receivable (113) 5,500

Office Supplies (116) 610

Office Equipment (146) 4,200

Accounts Payable (212) $ 2,600

K. Yating, Capital (311) 18,300

balanced $20,900 $20,900

Aug. 2 Paid rent for August, $650.

3 Received cash from customers on account, $2,300.

7 Ordered supplies, $380.

10 Billed customers for services provided, $2,800.

12 Made a payment on accounts payable, $1,300.

14 Received the supplies ordered on August 7 and agreed to pay for

them in 30 days, $380.

17 Discovered some of the supplies were not as ordered and

returned them for full credit, $80.

19 Received cash from a customer for services provided, $4,800.

24 Paid the utility bill for August, $250.

26 Received a bill, to be paid in September, for advertisements

placed in the local newspaper during the month of August to

promote Alpha Pro Company, $700.

29 Billed a customer for services provided, $2,700.

30 Paid salaries for August, $3,800.

31 Made a cash withdrawal of $1,200.

Required

1. Open accounts in the ledger for the accounts in the trial balance plus the

following accounts: K. Yating, Withdrawals (313); Marketing Fees (411);

Salaries Expense (511); Rent Expense (514); Utilities Expense (512); and

Advertising Expense (516).

2. Enter the July 31, 2011, account balances from the trial balance.

3. Enter the August transactions in the general journal (Pages 22 and 23).

4. Post the journal entries to the ledger accounts. Be sure to make the appropriate

posting references in the journal and ledger as you post.

5. Prepare a trial balance as of August 31, 2011.