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Apr. 4 , Collected $ 4 , 5 0 0 cash from a client on account. Apr. 8 , Performed advisory services for a client
Apr. "Collected $ cash from a client on account."
Apr. "Performed advisory services for a client on account, $
Apr. "Paid $ on account."
Apr. "Purchased furniture on account, $
Apr. "Patel contributed a personal automobile to the business in exchange for capital. The automobile had a fair value of $
Apr. "Purchased supplies on account, $
Apr. "Received $ for advisory services performed on April
Apr. "Patel withdrew cash of $
Apr. "Received $ cash for advisory work completed.
Apr. "Received $ cash for advisory services to be completed next month.
Apr. "Paid office rent, $
Apr. "Paid employee salary, $
The fourcolumn ledger accounts listed in the unadjusted trial balance, together with their balances as of March have been opened for you and utilize the following account numbers: Cash,; Accounts Receivable, ; Supplies, ; Land, ; Furniture, ; Automobile, ; Accounts Payable, ; Unearned Revenue, ; PatelCapital; PatelWithdrawals; Service Revenue, ; Salaries Expense, ; and Rent Expense, Post the journal entries to fourcolumn accounts in the ledger, using dates, account numbers, journal references, and posting references. Assume the journal entries were recorded on page of the journal.
Prepare the unadjusted trial balance of Patel Financial Advisors at April
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