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C. R. Byrd invests his business in an advertising company called Pioneer Advertising Agency. All transaction in the first of his biasness: 1- Transaction :

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C. R. Byrd invests his business in an advertising company called Pioneer Advertising Agency. All transaction in the first of his biasness: 1- Transaction : On October 1, C. R. Byrd invests $10,000 cash in an advertising company called Pioneer Advertising Agency 2- Transaction: On October 1, Pioneer purchases office equipment costing $5,000 by signing a 3-month, 12%, $5,000 note payable. 3. Transaction: On October 2, Pioneer receives a $1,200 cash advance from R. Knox, a client, for advertising services that are expected to be completed by December 31. 4 Transaction: On October 3, Pioneer pays office rent for October in cash, $900. 5- Transaction: On October 4, Pioneer pays $600 for a one-year insurance policy that will expire next year on September 30. 6- Transaction: On October 5, Pioneer purchases an estimated 3-month supply of advertising materials on account from Aero Supply for $2,500. 7- Transaction: On October 9, Pioneer hires four employees to begin work on October 15. Each employee is to receive a weekly salary of $500 for a 5-day work week, payable every 2 weeks first payment made on October 26. 8- Transaction : On October 20, C. R.Byrd withdraws $500 cash for personal use 9- Transaction: On October 26, Pioneer owes employee salaries of $4,000 and pays them in cash. (See October 9 transaction) 10- Transaction : On October 31, Pioneer receives $10,000 in cash from Copa Company for advertising services provided in October Required 1- Record journalizing and general journal all transactions (Journal and General Journal) 2- Post all transactions to the ledger (General Ledger) 3- Prepare the trial Balance (Trial Balance)

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