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BA 111 Introduction to Accounting - Spring 2022 From the following transactions for Lemoine Company for the menth of July, (a) prepare journal entries
BA 111 Introduction to Accounting - Spring 2022 From the following transactions for Lemoine Company for the menth of July, (a) prepare journal entries (assume that it is page 1 of the journal), (b) post journal entries to the ledger (use a four-column account), and (c) prepare a trial balance. (Click the icon to view the transactions) A partial chart of accounts includes Cash, 111, Accounts Receivable, 112, Equipment, 121, Accounts Payable, 211; J. Lemoine, Capital, 311: J. Lemoine, Withdrawals, 312; Fees Earned, 411; and Salaries Expense, 511 Reference Account Titles and Description PR Dr. Cr. Date JIL JIL 201X July 1 Cash Equipment Account No. 121 J. Lemoine, Capital Post. Balance Owner investment Date 201X Explanation Ref. Debit Credit Debit Credit July 6,000 6,000 4 Equipment Accounts Payable 1,400 1,400 Purchase of equipment on account Accounts Payable Account No. 211 15 Accounts Receivable 8,000 Post. Balancer Fees Earned 8,000 Date Explanation Rel. Debit Credit Debit Credit Services performad on account 201X July 18 Cash Fees Earned Services performed for cash 4,000 4,000 J. Lemoine, Capital Account No. 311 Post Balance Date 201X Explanation Ref. Debit Credit Debit Credit 24 Salaries Expense Cash Salaries paid July J.Lemoine. Withdrawals Help me solve this Video Get more help- Type here to search O Account No. 312 28 J. Lemoine, Withdrawals Cash Owner withdrawal Print Done 2,200 2,200 600 600 Clear Desktop 60F Cloudy^
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