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Continuing Problenm Problem 3-44 continues the Carl Redmon Consulting situation from Problem 2-44 of Chapter 2 ing the accounts, ing an adjusted trial e, and
Continuing Problenm Problem 3-44 continues the Carl Redmon Consulting situation from Problem 2-44 of Chapter 2 ing the accounts, ing an adjusted trial e, and preparing the al statements P3-44 Refer to Problem 2-44 of Chapter 2. Start from the trial balance and the posted T-accounts that Carl Redmon Consulting prepared at December 18, as follows: 5 CARL REDMON CONSULTING Trial Balance December 18, 2008 Balance Debit Credit Account Title S 8,100 1,700 300 2,000 Cash Accounts receivable Supplies Equipment Accumulated depreciation Furniture Accumulated depreciation Accounts payable Salary payable Unearned service revenue Carl Redmon, capital Carl Redmon, withdrawals Service revenue Rent expense Utilities expense Salary expense Depreciation expense-equipment Depreciation expense-furniture Supplies expense Total 3,600 3,900 10,000 2,500 500 200 16,400$ $16,400 Later in December, the business completed these transactions, as follows: Dec. 21 Received $900 in advance for client service to be performed evenly over the next 30 days. 21 Hired a secretary to be paid $1,500 on the 20th day of each 26 Paid $300 on account. 28 Collected $600 on account. 30. Withdrew $1,600 for personal use month. The secretary begins work immediately. continued
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