Ann Taylor owns a suit tailoring shop. She opened business in September. She rented a small work space and has an assistant to receive job orders and proc two months of business Taylor Tailoring UNADJUSTED TRIAL BALANCE October 31, 20- ACCOUNT TITLE DEBIT CREDIT I Cash 6,211.00 2 Accounts Receivable 484.00 1,000.00 3,800.00 4.125.00 6,130.00 800.00 3,600.00 3 Tailoring Supplies Tailoring Equipment 5 Accounts Payable Ann Taylor, Capital 7 Ann Taylor, Drawing Tailoring Fees 9 Wages Expense 10 Advertising Expense 11 Rent Expense 17 Phone Expense 13 Electricity Expense 800.00 34.00 600.00 60.00 44.00 Nov. 1 2 3 5 8 9 10 11 12 Paid rent, $300 Purchased tailoring supplies on account, $150. Purchased a new button hole machine on account, $300 Eamed first week's revenue, $400: $100 in cash and $300 on account. Paid for newspaper advertising, $13. Paid phone bill, $28. Paid electric bill, $21 Received cash on account from customers, $200. Earned second week's revenue, $450: $200 in cash and $250 on account. Paid assistant, $400 Made payment on account, $100. Paid for magazine subscription (miscellaneous expense), 512 Earned third week's revenue, $450 $300 in cash, $150 on account Received cash on account from customers, $300 Paid for newspaper advertising, $13. Paid for postage (miscellaneous expense), $12. Earned fourth week's revenue, $600: $200 in cash and $400 on account. Received cash on account from customers, $400. 15 16 17 19 23 24 26 27 30 Required: 1. General ledger accounts and balances as of November 1, 20-- are provided. 2. Journalize the transactions for November in a two-column general journal. Use the following journal page numbers: Novembe November 12-24, page 8; November 26-30, page 9. 3. Post the entries to the general ledger. Ann Taylor owns a suit tailoring shop. She opened business in September. She rented a small work space and has an assistant to receive job orders and proc two months of business Taylor Tailoring UNADJUSTED TRIAL BALANCE October 31, 20- ACCOUNT TITLE DEBIT CREDIT I Cash 6,211.00 2 Accounts Receivable 484.00 1,000.00 3,800.00 4.125.00 6,130.00 800.00 3,600.00 3 Tailoring Supplies Tailoring Equipment 5 Accounts Payable Ann Taylor, Capital 7 Ann Taylor, Drawing Tailoring Fees 9 Wages Expense 10 Advertising Expense 11 Rent Expense 17 Phone Expense 13 Electricity Expense 800.00 34.00 600.00 60.00 44.00 Nov. 1 2 3 5 8 9 10 11 12 Paid rent, $300 Purchased tailoring supplies on account, $150. Purchased a new button hole machine on account, $300 Eamed first week's revenue, $400: $100 in cash and $300 on account. Paid for newspaper advertising, $13. Paid phone bill, $28. Paid electric bill, $21 Received cash on account from customers, $200. Earned second week's revenue, $450: $200 in cash and $250 on account. Paid assistant, $400 Made payment on account, $100. Paid for magazine subscription (miscellaneous expense), 512 Earned third week's revenue, $450 $300 in cash, $150 on account Received cash on account from customers, $300 Paid for newspaper advertising, $13. Paid for postage (miscellaneous expense), $12. Earned fourth week's revenue, $600: $200 in cash and $400 on account. Received cash on account from customers, $400. 15 16 17 19 23 24 26 27 30 Required: 1. General ledger accounts and balances as of November 1, 20-- are provided. 2. Journalize the transactions for November in a two-column general journal. Use the following journal page numbers: Novembe November 12-24, page 8; November 26-30, page 9. 3. Post the entries to the general ledger
