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c. Prepare a trial balance dated March 31.current year. (Hint: Retained Eamings will be reported Ahuna. Inc., provides in-home cooking lessons to its clients. The
c. Prepare a trial balance dated March 31.current year. (Hint: Retained Eamings will be reported Ahuna. Inc., provides in-home cooking lessons to its clients. The following is the companys 4, L03-5. L03-6, 3. L03-9 balance dated March 1. current year. 3.78 ehensive AHUNA, INC. TRIAL BALANCE MARCH 1, CURRENT YEAR Cash $ 5,700 1.800 800 $ 300 500 Accounts receivable Cooking supplies Accounts payable Dividends payable Dividends Capital stock Retained earnings Cilent revenue Salaries expense Travel expense Printing expense 500 6,000 1,400 5,800 3.100 1,500 600 $14.000 $14.000 Ahuna cagaged in the following transactions in March Mar. 3 Collected a $1.200 account receivable from Kim Mitchell Mar. 11 Purchased cooling supplies for $700 cash. Mar. 15 Paid S200 of outstanding accounts payable. Mar. 20 Issued additional shares of capital stock for $4,000 cash. Mar. 24 Recorded 56,200 of client revenue on account Mar 27 Paid March salaries of 900. Mar. 30 Recorded and paid March travel expenses of $400 Mar. 31 Recorded $300 in printing expenses for recipe books. Payment is due April 12. Instructions a Record the company's March transactions in general journal form. Include a brief explanation of the transaction as part of each journal entry. b. Post each entry to the appropriate ledger accounts (use the T account format illustrated in Exhibit 3-8) at the same amount as it was on March 1. Accounting for changes in the Retained Earnings account resulting from revenue, expense, and dividend activities is discussed in d. Has the company paid all of the dividends that it has declared Blind River, Inc., recently him enca
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