BusinessCourse A Return to course Cash Accounts Receivable Office Equipment (1) (5) (3) (2) (8) Bal (4) Bal (6) Supplies (4) (7) Bal (8) (9) Bal Accounts Payable Common Stock Dividends (3) (1) (9) 0. (7) Bal Bal Bal Professional Fees Earned (5) Bal Salaries Expense Rent Expense (6) (2) Bal Bal P Type here to search Transaction Analysis and Trial Balance Make T-accounts for the following accounts that appear in the general ledger of Mead Pet Hospital, owned by R. Mead, a veterinarian: Cash; Accounts Receivable; Supplies: Office Equipment: Accounts Payable; Common Stock: Dividends; Professional Fees Earned; Salaries Expense; and Rent Expense. Using the accounting equation, record each of the transactions in columnar format. Prepare journal entries and record the following December transactions in the T- accounts and key all entries with the number identifying the transaction. Finally, determine the balance in each account and prepare a trial balance as of December 31. Dec 1 Mead opened a checking account on December 1 at United Bank, in the name of Mead Pet Hospital and deposited cash. Mead received common stock for his investment 2 Paid office rent for December 3 Purchased office equipment on account 4 Purchased supplies for cash 5 Billed cients for services rendered. 6 Paid secretary's salary 7 Paid on account for equipment purchased on Dec. 3. 8 Collected from clents previously biled for services. 9 The company paid stockholders a cash dividend. $23,000 1,400 3,200 2,000 7,600 2,250 1,800 6,100 2,500 uoddns BusinessCourse A Return to course Cash Accounts Receivable Office Equipment (1) (5) (3) (2) (8) Bal (4) Bal (6) Supplies (4) (7) Bal (8) (9) Bal Accounts Payable Common Stock Dividends (3) (1) (9) 0. (7) Bal Bal Bal Professional Fees Earned (5) Bal Salaries Expense Rent Expense (6) (2) Bal Bal P Type here to search Transaction Analysis and Trial Balance Make T-accounts for the following accounts that appear in the general ledger of Mead Pet Hospital, owned by R. Mead, a veterinarian: Cash; Accounts Receivable; Supplies: Office Equipment: Accounts Payable; Common Stock: Dividends; Professional Fees Earned; Salaries Expense; and Rent Expense. Using the accounting equation, record each of the transactions in columnar format. Prepare journal entries and record the following December transactions in the T- accounts and key all entries with the number identifying the transaction. Finally, determine the balance in each account and prepare a trial balance as of December 31. Dec 1 Mead opened a checking account on December 1 at United Bank, in the name of Mead Pet Hospital and deposited cash. Mead received common stock for his investment 2 Paid office rent for December 3 Purchased office equipment on account 4 Purchased supplies for cash 5 Billed cients for services rendered. 6 Paid secretary's salary 7 Paid on account for equipment purchased on Dec. 3. 8 Collected from clents previously biled for services. 9 The company paid stockholders a cash dividend. $23,000 1,400 3,200 2,000 7,600 2,250 1,800 6,100 2,500 uoddns
