chapter 2

question 7

Tom Zopf owns and manages a computer repair service, which had the following trial balance on December 31,2021 (the end of its fiscalyear). Summarized transactions for January 2022 were as follows. 1. Advertising costs, paid in casti, 51,030 2. Additionalsupplies acquired on account $3,290 3. Miscellaneous egpensesipaid in cash $1.870 4. Cash collected from customers in payment of accounts recelvable 512.000 . 5. Cash pald to creditors for accounts payable due $12,320. Repair servlces performed during danuary for cash $6,700 ion account 38.840 Wreestor january gald in cah 52380 . Dividendeduringdanuary were 52550 Open T-accounts for each of the accounts listed in the trial balance, and enter the opening balances for 2022