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Bluestreak Painting Company incurs the following transactions for September. September 3 Paint houses in the current month for $ 1 6 , 5 0 0
Bluestreak Painting Company incurs the following transactions for September.
September Paint houses in the current month for $ on account.
September Purchase painting equipment for $ cash.
September Purchase office supplies on account for $
September Pay employee salaries of $ for the current month.
September Purchase advertising to appear in the current month for $ cash.
September Pay office rent of $ for the current month.
September Receive $ from customers in above.
September Receive cash of $ in advance from a customer who plans to have his house painted in the following month.
Required:
Record each transaction.
Post each transaction to Taccounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Cash, $; Accounts Receivable, $; Supplies, $; Equipment, $; Accounts Payable, $; Common Stock, $; Retained Earnings, $ All other accounts had a beginning balance of zero.
Prepare a trial balance.
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