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chp. 3 hw #12 please help T-Accounts Trial Balance Sue Jantz started a business in August 20-. called Jantz Plumbing Service. Jantz hired a part-time
chp. 3 hw #12
Sue Jantz started a business in August 20-. called Jantz Plumbing Service. Jantz hired a part-time college student as an administrative assistant. The following transactions occurred during August: (a) Invested cash in the business, $30,000. (b) Purchased a used van for cash, $8,000. (c) Purchased plumbing equipment on account, $4,000. (d) Received cash for services rendered, $3,000. (e) Paid cash on account owed from transaction (c), $1,000. (t) Paid rent for the month, $700. (g) Paid phone bill, $100. (h) Earned revenue on account, $4,000. (i) Purchased office supplies for cash, $300. (i) Paid wages to student, $500. (k) Purchased a one-year insurance policy, $800. (i) Peceived cash from services performed in transaction (h), $3,000. (m) Paid cash for advertising expense, \$2,000. (n) Purchased additional plumbing equipment for $2,000, paying $500 cash and spreading the remaining payments over the next six months. (0) Earned revenue from services for the remainder of the month of $2,800:$1,100 in cash and $1,700 on account. (p) Withdrew cash at the end of the month, $3,000. (d) Received cash for services rendered, $3,000. (e) Paid cash on account owed from transaction (c), $1,000. (f) Paid rent for the month, $700. (g) Paid phone bili, $100. (h) Earned revenue on account, $4,000. (i) Purchased office supplies for cash, $300. (i) Paid wages to student, $500. (k) Purchased a one-year insurance policy, $800. (i) Received cash from services performed in transaction (h), $3,000. (m) Paid cash for advertising expense, \$2,000. (n) Purchased additional plumbing equipment for $2,0 po, paying $500 cash and spreading the remaining payments over the next six months. (0) Eamed revenue from services for the remainder of the month of $2,800:$1,100 in cash and $1,700 on account. (p) Withdrew cash at the end of the month, $3,000. Required: 1. Enter the transactions in T accounts, identifying each transaction with its corresponding letter. 2. Foot and balance the accounts where necessary. 3. Propare a trial balance as of August 31, 20-. 1. Enter the transactions in T accounts, identifying each transaction with its corresponding letter. 2. Foot and balance the accounts where necessary. T Accounts and Trial Balance nstructions T-Accounts Dr. T Accounts and Trial Balance Instructions T-Accounts Trial Balance Instructions T-Accounts Accounts Receivable Bal. Office Supplies Prepaid Insurance Plumbing Equipment Bal. T Accounts and Trial Balance \begin{tabular}{|l|l|l} Instructions & T-Accounts \\ \hline \end{tabular} Instructions T-Accounts Accounts Payable Bal. Owner's Equity Dr. - Cr. + Sue Jantz, Capital T Accounts and Trial Balance Instructions T T-Accounts Trial Balance Instructions T-Accounts Rent Expense Wages Expense Phone Expense T Accounts and Trial Balance \begin{tabular}{|l|l|l} Instructions & T-Accounts Trial Balance \\ \hline \end{tabular} Instructions T-Accounts Service Fees Bal. \begin{tabular}{|l|l|l|} \hline Instructions & T-Accounts \\ \hline \end{tabular} Trial Balance please help
T-Accounts
Trial Balance
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