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CHAPIER 2 Analyzing and Recording Transictions Part A Requined Ser up balance columan accourits based on the chart of acconanis provided. Prepare joumal entries to
CHAPIER 2 Analyzing and Recording Transictions Part A Requined Ser up balance columan accourits based on the chart of acconanis provided. Prepare joumal entries to record each of the following October transactions. Post the October entries. Prepare a trial balance at October 31, 2014. Prepare an income statement and a statement of changes in equity for the month ended October 31, 2014, as well as a balance sheet at October 31, 2014. Dct. 1 Mary Graham invested $90,000 cash, a $36,000 computer system, and $18,000 of office equipment in the business. 2 Paid rent in advance of $9,000. 3 Purchased computer supplies on credit for $2,640 from Abbott Office Products. 5 Paid $4,320 cash for one year's premium on a
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