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Comprehensive Accounting Cycle Review 11-02 (Part Level Submission) Karen Noonan opened Marin Cleaning Services Inc. on February 1, 2022. During February, the following transaction wire

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Comprehensive Accounting Cycle Review 11-02 (Part Level Submission) Karen Noonan opened Marin Cleaning Services Inc. on February 1, 2022. During February, the following transaction wire completed: Fib. 1 Issued 6,200 shares of Marin Chaning Services common stock for $16,120. Each share has a $1.50 par. 1 Paid $11,180 to purchased for and windon cheating equipment from a company Going out of b ($5,980 was for the Moor equipment and $5,200 for the window 1 Paid $270 for February Internet and phone services 3 Purchased cleaning supplies for $1,220 account - Hired 4 employees. Each will be paid $500 per 5-day work week (Monday - Friday). s obtained insurance coverage for $12,200 per year. Coverage rats from February 1, 2022, through January 31, 2022. Karenpaid $3,050 cash for the first quarter of coverage S Discussions with the ice agunt indicated that providing outside window cleaning Services would costo much to insure are sold the window daning equipment for 16 Slied customers 54,840 for cleaning Services performed through February 13, 2022. 17 Received 5684 from a customer 4 weeks of cleaning Services to begin February 21, 2022. (By paying in advance this customer received 10% off the mal weekly fee of $190.) 20 Paid $3 per share to buy 370 wars of Marin Cleaning Services common stock from a shareholder who disagreed with management goals. The shares wil be held as treasury shares 23 Billed customers 55,330 for cleaning Service performed through February 20. 24 Pad cash for employees wages for 2 weks (February 9-12 and 16-20) 25 Collided $3,100 cash from customer billed on February 16. 27 Pred $270 for Internet and phone services for March 28 Declared and paid a cash dividend of $0.35 per share Yawr partially correct. Try again curials the February transactions. (Credit account titles are automatically inderted amount is vered. Do not inden maally. If no antry is required, select "No Entry" for the account title and enter for the amounts Record journal entries in the order presented in the problem.) Date Account Titles and explanation Debit Credit V Accounts Receivable i Survive Allowance for Doubtful Accounts [Toncordance of common stock in Accounts Receivable 1 V Servicevere (Ta reed purchte d natis payale) V Allowance for Doubtful Account Accounts Receivable To record purch of equipment Feb. 1V Bad Debit Exp Allowance for Doubtful Acco To record payment of met andere Depreciation Expanse Accumulated Deprecation Boat Insurance Expense Cash Supplies Expert Supplies (Ta read payatars if iri) Feb. V llunamed Services Survive To record sale of Feb. 15 V Allowance for Doubtful Accounts Accounts Receivable Feb. 17 Bad Dahl Experts Allowance for Doubtful Acco 18V Depreciation Expanse Accumulated Direction Equipment Feb. 20 V Insurance Expense Prepaid Insurance 23 Suppo Expo Supplies named Service Reven Survive Feb. 25 salaries and Wages Expanse Salaries and Wages Payable Feb. 27 interest Expense 28 V Ilincome Tax Expense Income Tax Payable dick if you would like to Show Work for this question Open Show Work Your win. Try again Post to the lediger accounts. (Pastories in the order of journal entre presented above.) Cash Accounts Receivable Supplies Prepaid Insurance Prepaid EN Equipment Accounts Payable Notes Payable Unearned Service Revenue Common Stock Paid in Capital in Excess of Par Cash Dividends Treasury Stock Service Revenue Utilities to Salaries and Wages Expense Loss on Disposal of Plant Assets Click if you would like to Show Work for this question Open Show Work (c) Prepare a trial balance at February 28, 2022. MARIN CLEANING SERVICES INC. Trial Balance Debit Credit S S Totals S S

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