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Case Accounting Cycle BW Travel and Tours is a travel agency that offers international and local travel packages. The company is owned and operated by
Case Accounting Cycle BW Travel and Tours is a travel agency that offers international and local travel packages. The company is owned and operated by Bryson Woods. The closing balances at the end of August and the chart of accounts are shown below. tableAccount Description,Account #ASSETSCashAccounts Receivable,Prepaid Insurance,EquipmentAccumulated Depreciation,LIABILITIESAccounts Payable,Interest Payable,Salary Payable,Unearned Revenue,Bank Loan,OWNERS EQUITY,Woods Capital,Woods Withdrawals,Income Summary, tableAccount Description,Account AREVENUEService Revenue,EXPENSESAdvertising Expense,Depreciation Expense,Insurance Expense,Interest Expense,Salaries Expense,Telephone Expense,Travel Expense,Rent Expense, For the month of September BW Travel and Tours had the following transactions: tableSept Bryson invested $ cash and equipment valued at $ into the business.Sept tableBryson invested $ cash and equipment value for one year.Prepaid $ for insurance for onSept tablePrepaid $ for insurance for one year.Paid $ cash for September's rent.tablePaid $ cash for September's rent.Provided travel package to group of travellers; they paid $ now and will pay$ later.Sept table$ later.Recorded travel expenses for $ to be paid next month.Sept Purchased equipment with $ cash.Sept Paid $ cash to reduce the balance of accounts payable.SeptReceived $ cash from customers for the travel services provided last month.Sept Received a telephone bill for $ which will be paid next month.Sept Paid $ cash for employee's salaries.Sept tablePaid $ cash for employee's salaries.Received $ cash in advance from travellers for travel services to be provided nextmonthtablemonthPaid $ advertising expense for the promotion of the travel and tours in the monthof September.Sept tableof September.The owner withdrew $ cash for personal use.Sept Paid $ cash for the bank loan which included $ principle and $ interest.Sept Received a loan from the bank for $ Create an unadjusted trial balance from the following information given.
Case
Accounting Cycle
BW Travel and Tours is a travel agency that offers international and local travel packages. The company is owned and operated by Bryson Woods. The closing balances at the end of August and the chart of accounts are shown below.
tableAccount Description,Account #ASSETSCashAccounts Receivable,Prepaid Insurance,EquipmentAccumulated Depreciation,LIABILITIESAccounts Payable,Interest Payable,Salary Payable,Unearned Revenue,Bank Loan,OWNERS EQUITY,Woods Capital,Woods Withdrawals,Income Summary,
tableAccount Description,Account AREVENUEService Revenue,EXPENSESAdvertising Expense,Depreciation Expense,Insurance Expense,Interest Expense,Salaries Expense,Telephone Expense,Travel Expense,Rent Expense,
For the month of September BW Travel and Tours had the following transactions:
tableSept Bryson invested $ cash and equipment valued at $ into the business.Sept tableBryson invested $ cash and equipment value for one year.Prepaid $ for insurance for onSept tablePrepaid $ for insurance for one year.Paid $ cash for September's rent.tablePaid $ cash for September's rent.Provided travel package to group of travellers; they paid $ now and will pay$ later.Sept table$ later.Recorded travel expenses for $ to be paid next month.Sept Purchased equipment with $ cash.Sept Paid $ cash to reduce the balance of accounts payable.SeptReceived $ cash from customers for the travel services provided last month.Sept Received a telephone bill for $ which will be paid next month.Sept Paid $ cash for employee's salaries.Sept tablePaid $ cash for employee's salaries.Received $ cash in advance from travellers for travel services to be provided nextmonthtablemonthPaid $ advertising expense for the promotion of the travel and tours in the monthof September.Sept tableof September.The owner withdrew $ cash for personal use.Sept Paid $ cash for the bank loan which included $ principle and $ interest.Sept Received a loan from the bank for $
Create an unadjusted trial balance from the following information given.
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