Apr. 2 Issued Check No. 122 to Sophia LeBron for accrued salary of $5,600. 4 Issued Check No. 123 for $350 to establish a petty cash fund. 5 Issued Check No. 124 for $6,800 for the current months advertising. 6 Issued Check No. 125 for $2,000 for April office rent. 6 Received $12,500 from John Chui for services to decorate the family room of his home. Apr. 7 Purchased supplies on account from A & D Inc. for $1,800 (net 30). 8 Purchased merchandise on account from Golden Antiques for $16,000 (net 60). 10 Wrote off as uncollectible the balance on the account of Roberto Andriani. 11 Decorated Adelles Gift Shop, charging $10,800 on account (net 30). 12 Received payment on account from Nancys Accounting Firm for services performed on March 13. 15 Received $5,000 cash from the sale of a Louis XV antique table. The cost was $4,250. 19 Performed decorating services on account for Athena & Co. for $19,000 (net 60). 20 Received $10,000 cash from the sale of an art deco sofa and chairs. The cost was $6,500. 25 Received $4,300 on account from Andreas Gourmet Food for services performed on March 26. 26 Performed services on account for Blue Ocean Resort for $32,000 (net 60) in connection with decorating its new store. 26 Received $11,500 on account from Rivieras Caf for services performed on February 25. 29 Issued Check No. 126 for $230 to pay the utilities bill for the month. 29 Issued Check No. 127 for $350 in payment of the telephone bill for the month. 29 Issued Check No. 128 for $235 for postage. 29 Issued Check No. 129 for $550 for business automobile expenses. 29 Issued Check No. 130 for $7,500 to Sophia LeBron for salary. (Payroll taxes are not con- sidered in this entry. Transactions in later months will show you how to journalize payroll tax deductions and expenses.) 29 Issued Check No. 131 to replenish petty cash. The expenditures were for supplies used, $150, and postage, $75.

Adjusting Entries a) Expired insurance for the period, $500. b) Supplies on hand at the end of the month, $1,100. c) Provision for uncollectible accounts estimated at 3.0% of April credit sales, $1,854.

1) Journalize the transactions listed below and on the next page and post to the ledger accounts. Omit explanations. 2) Prepare an unadjusted trial balance. 3) Journalize the adjusting entries and post to the general ledger. Adjustment data are provided on the next page. 4) Prepare an adjusted trial balance. 5) Prepare a schedule of accounts receivable and a schedule of accounts payable. 6) Prepare an income statement for the four months ended April 30, 20--. If not completing the optional requirements below, use only the year-to-date amount column to complete your statement. 7) Prepare a retained earnings statement for the three months ended April 30, 20--. 8) Prepare a balance sheet as of April 30, 20--. 9) Complete the analysis test for April on page 57.