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Before you begin, print out all the pages in this workbook. The following balances appeared in thegeneral ledger accounts of Fenton Table Rentals Corporation at
Before you begin, print out all the pages in this workbook. The following balances appeared in thegeneral ledger accounts of Fenton Table Rentals Corporation at April 1, 2019. Debit Credit Cash Accounts receivable Prepaid rent Unused supplies Accounts payable Common stock 5,000 5,000 200 500 4,000 6,700 Required: 1 Preparejournal entries to record the April transactions shown on the Transactions" page (see tab below). Include general ledger account numbers. 2 Post the transactions to theT-accounts 3 Prepare a trial balance at April 30, 2019. 4 Prepare an interim income statement and statement of changes in equity for the month ended April 30, 2019 and interim balance sheet at April a. M. C. Transaction Amount Collected cash owed by a customer Billed customers for tables rented to date Paid the following expenses $1,000 1,000 Advertising Salaries Telephone Paid part of the accounts payable owing at April 1 Received a bill for April truck repair expenses Collected cash owed by a customer Billed customers for tables rented to date Transferred prepaid rent to rent expense Counted supplies and found this amount still on hand (recorded the amount used as an expense) 100 1,000 500 800 500 2,900 2,000 60 d. e. 8. 300 700 i. Paid a dividend Fenton Table Rentals Corporation Cash No. 101 Acct. Pa No. 210 Common Stock No. 320 Service Rev No. 470 Acct. Rec. No. 110 Dividends No. 350 Advert. Exp No. 610 Rent Exp No. 654 Ppd. Rent No. 162 Salaries Ex No. 656 Supp. Exp No. 668 Unused Supp No. 173 Tel. Exp No. 669 Truck Op. Exp No. 670 Fenton Table Rentals Corporation GENERAL JOURNAL April 2019 Description PRI Debit credit Fenton Table Rentals Corporation Trial Balance At April 30, 2019 Accounts Balances Debit Acct. No. Account Title Credit 101 Cash 110 Accounts receivable 162 Prepaid rent 173 Unused supplies 210 Accounts payable 320 Common stock 350 Dividends 470 Service revenue 610 Advertising expense 654 Rent expense 656 Salaries expense 668 Supplies expense 669 Telephone expense 670 Truck operating expense Fenton Table Rentals Corporation Income Statement For the Month Ended April 30,2019 Fenton Table Rentals Corporation Balance Sheet At April 30, 2019 Revenue Assets Expenses Liobiities Stockholders'Equity Fenton Table Rentals Corporation Statement of Changes in Equity For the Month Ended April 30,2019 Common stock Retained Total earmings equity Opening balance Ending balance
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