Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Oct. 5 10 15 17 20 $19,200 The October transactions were
Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Oct. 5 10 15 17 20 $19,200 The October transactions were as follows. 29 2,600 2,100 8,000 $31,900 $ 4,800 1,100 15,000 11,000 $31,900 Received $1,300 in cash from customers for accounts receivable due. Billed customers for services performed $5,100. Paid employee salaries $1,200. Performed $600 of services in exchange for cash. Paid $1,900 to creditors for accounts payable due. Paid a $300 cash dividend. This is the trial balance of Lacey Company on September 30 . The October transactions were as follows. Oct. 5 Received $1,300 in cash from customers for accounts receivable due. 10 Billed customers for services performed $5,100. 15 Paid employee salaries $1,200. 17 Performed $600 of services in exchange for cash. 20 Paid $1,900 to creditors for accounts payable due. 29 Paid a $300 cash dividend. The October transactions were as follows. Oct. 5 Received $1,300 in cash from customers for accounts receivable due. 10 Billed customers for services performed $5,100. 15 Paid employee salaries $1,200. 17 Performed $600 of services in exchange for cash. 20 Paid $1,900 to creditors for accounts payable due. 29 Paid a $300 cash dividend. 31 Paid utilities $400. LACEY COMPANY Trial Balance September 30, 2022 The October transactions were as follows. Oct. 5 Received $1,300 in cash from customers for accounts receivabl $ due. 10 Billed customers for services performed $5,100. 15 Paid employee salaries $1,200. 17 Performed $600 of services in exchange for cash. 20 Paid $1,900 to creditors for accounts payable due. 29 Paid a $300 cash dividend. 31 Paid utilities $400. This is the trial balance of Lacey Company on September 30 . The October transactions were as follows. Oct. 5 Received $1,300 in cash from customers for accounts receivable due. 10 Billed customers for services performed $5,100. 15 Paid employee salaries $1,200. 17 Performed $600 of services in exchange for cash. 20 Paid $1,900 to creditors for accounts payable due. 29 Paid a $300 cash dividend. The October transactions were as follows. Oct. 5 Received $1,300 in cash from customers for accounts receivable due. 10 Billed customers for services performed $5,100. 15 Paid employee salaries $1,200. 17 Performed $600 of services in exchange for cash. 20 Paid $1,900 to creditors for accounts payable due. 29 Paid a $300 cash dividend. 31 Paid utilities $400. LACEY COMPANY Trial Balance September 30, 2022 The October transactions were as follows. Oct. 5 Received $1,300 in cash from customers for accounts receivabl $ due. 10 Billed customers for services performed $5,100. 15 Paid employee salaries $1,200. 17 Performed $600 of services in exchange for cash. 20 Paid $1,900 to creditors for accounts payable due. 29 Paid a $300 cash dividend. 31 Paid utilities $400
Cash Accounts Receivable Supplies Equipment Accounts Payable Unearned Service Revenue Common Stock Retained Earnings Oct. 5 10 15 17 20 $19,200 The October transactions were as follows. 29 2,600 2,100 8,000 $31,900 $ 4,800 1,100 15,000 11,000 $31,900 Received $1,300 in cash from customers for accounts receivable due. Billed customers for services performed $5,100. Paid employee salaries $1,200. Performed $600 of services in exchange for cash. Paid $1,900 to creditors for accounts payable due. Paid a $300 cash dividend.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started