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Can someone please help me with these? s Comprehensive Problem urphy Delivery Service completed the following transactions December 2018: durin cash and ued ec 1
Can someone please help me with these?
s Comprehensive Problem urphy Delivery Service completed the following transactions December 2018: durin cash and ued ec 1 Murphy Delivery Service began operations by receiving $13,0 ion a truck with a fair value of $9,000 from Russ Murphy. The busi 1 Paid $600 cash for a six-month insurance policy. The poli 4 Paid $750 cash for office supplies. 12 Performed delivery services for a customer and received $2,200 15 Completed a large delivery job, billed the customer, $3,300, a Murphy shares of common stock in exchange for this contributiess and received a promise to collect the $3,300 within one week. 18 Paid employee salary, $800. 20 Received $7,000 cash for performing delivery services. 22 Collected $2,200 in advance for delivery service to be performed later 25 Collected $3,300 cash from customer on account. 27 Purchased fuel for the truck, paying $150 on account. (Credit Acco 28 Performed delivery services on account, $1,400. 29 Paid office rent, $1,400, for the month of December. 30 Paid $150 on account. 31 Cash dividends of $2,500 were paid to stockholders. ounts Payable Requirements 1. Record each transaction in the journal using the following chart of accounts. Explanations are not required. Cash Accounts Receivable Office Supplies Prepaid Insurance Truck Accumulated Depreciation-Truck Accounts Payable Salaries Payable Unearned Revenue Common Stock Retained Earnings Dividends Income Summary Service Revenue Salaries Expense Depreciation Expense-Truck Insurance Expense Fuel Expense Rent Expense Supplies Expense 2. Post the transactions in the T-accounts. 3. Prepare an unadjusted trial balance as of December 31, 2018. 4. Prepare a worksheet as of December 31,2018 (optional). 5. Journalize the adjusting entries using the following adjustment ata and also b reviewring the journal entries prepared in Requirement 1. Post ad the T-accountsStep by Step Solution
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