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Assignment A chart of accounts and a list of March transactions for Meta lcase Inc. follow Cash Acct Receivablee 110 120 Office Equipment 130 210
Assignment A chart of accounts and a list of March transactions for Meta lcase Inc. follow Cash Acct Receivablee 110 120 Office Equipment 130 210 Revenue Salaries Expense Utilities Expense 410 510 520 Acct Payable Shareholder Capital 310 Received $40,000 cash from the owners Payment received for services rendered to date: March 1 18 cash $15,500 on account $12,200 Paid employee salaries of $10,500 Purchased $4,000 of office equipment Paid $3,200 down and agreed to pay the balance in 10 days Paid the March electric bill of $175. 20 24 30 a. Record the transactions in the general journal b. Post the transactions from the journal to the ledger. c. Prepare a trial balance as of March 31
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