Question
Ayayai Corp.provides security services. Selected transactions forAyayai Corp.are presented below. Oct. 1Issued common stock in exchange for $79,200cash from investors.2Hired part-time security consultant. Salary will
Ayayai Corp.provides security services. Selected transactions forAyayai Corp.are presented below.
Oct. 1Issued common stock in exchange for $79,200cash from investors.2Hired part-time security consultant. Salary will be $2,400per month. First day of work will be October 15.4Paid 1 month of rent for building for $2,400.7Purchased equipment for $21,600, paying $4,800cash and the balance on account.8Paid $2,600for advertising.10Received bill for equipment repair cost of $510.12Provided security services for event for $3,800on account.16Purchased supplies for $490on account.21Paid balance due from October 7 purchase of equipment.24Received and paid utility bill for $178.27Received payment from customer for October 12 services performed.31Paid employee salaries and wages of $6,100.
Journalize the transactions.(If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Post the transactions to T-accounts.(Post entries in the order of journal entries presented in the previous part. For accounts with zero balance select "Balance" from the list and enter "0" or leave it blank.)
Prepare a trial balance at October 31, 2022.
AYAYAI CORP.
Trial Balance
choose an accounting period
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