Data Table Trial Balance March 31, 2018 Balance Account Title Debit Credit Cash $ 23,900 Accounts Receivable 4,500 Office Supplies 0 Land 0 Accounts Payable $ 2,000 Utilities Payable 0 Unearned Revenue 0 Notes Payable 0 Harper, Capital 18,500 Harper, Withdrawals 0 Service Revenue 10,000 Salaries Expense 800 Rent Expense 1,000 Interest Expense 0 300 Utilities Expense $ 30,500 $ 30,500 Total Print Done More Info Apr. 2 Apr. 4 Apr. 9 Apr. 13 Apr. 15 Apr. 18 Borrowed $45,000 from the bank and signed a note payable in the name of the business. Paid cash of $40,000 to acquire land. Performed services for a customer and received cash of $5,000. Purchased office supplies on account, $300. Performed services for a customer on account, $2,600. Paid $1,200 on account. Paid the following cash expenses: salaries, $3,000; rent, $1,500; and interest, $400. Received $3,100 from a customer on account. Received a $200 utility bill that will be paid next month. Received $1,500 for services to be performed next month. Harper withdrew cash of $1,800. Apr. 21 Apr. 25 Apr. 27 Apr. 29 Apr. 30 Print Done Requirement 1. Journalize each transaction including explanations. (Record debits first, then credits. Select the explanations on line of the journal entry table.) Apr. 2: Borrowed $45,000 from the bank and signed a note payable in the name of the business. Date Accounts and Explanation Debit Credit Apr. 2 Apr. 4: Paid cash of $40,000 to acquire land. Date Accounts and Explanation Apr. 4 Debit Credit Apr. 15: Performed services for a customer on account, $2,600. Date Accounts and Explanation Apr. 15 Debit Credit Apr. 18: Paid $1,200 on account Date Accounts and Explanation Debit Credit Apr. 18 Apr 21: Paid the following cash expenses: salaries, $3,000; rent, $1,500; and interest, $400. (Prepare a single compound journal entry) Date Accounts and Explanation Debit Credit Apr. 21 Apr. 25: Received $3,100 from a customer on account. Date Accounts and Explanation Apr. 25 Debit Credit Apr. 27: Received a $200 utility bill that will be paid next month. Date Accounts and Explanation Apr. 27 Debit Credit Apr. 29: Received $1,500 for services to be performed next month. Date Accounts and Explanation Apr. 29 Debit Credit Apr. 30: Harper withdrew cash of $1,800. Date Accounts and Explanation Apr. 30 Debit Credit Requirement 2. The accounts listed in the trial balance, together with their balances as of March 31, 2018, have been opened for you in T-account form. Post the journal entries to the ledger (use T-account format). Post all of the April transactions to the T-accounts below using the transaction dates as posting references. Once you have posted all of the transactions, calculate each accounts balance and enter the balance, along with a "Bal." reference on the appropriate side of each T-account Review the journal entries you prepared in Requirement 1. Cash Accounts Payable Service Revenue 23,900 2,000 Bal. 10,000 Bal. Bal Utilities Payable Choose from any list or enter any number in the input fields and then continue to the next question. Utilities Payable O Bal Salaries Expense Bal 800 Accounts Receivable 4,500 Bal Unearned Revenue O Bal. Rent Expense 1,000 Bal Office Supplies Bal 0 Notes Payable O Bal Interest Expense Bal 0 Land Bal 0 Harper, Capital 18,500 Bal Utilities Expense 300 Bal. O Bal Interest Expense 0 Bal Land Bal 0 Harper, Capital 18,500 Bal. Utilities Expense Bal 300 Harper, Withdrawals Bal 0 Requirement 3. Prepare the trial balance of Harper Service Center as of April 30, 2018 Review the ledger accounts you prepared in Requirement 2. Harper Service Center Trial Balance April 30, 2018 Balance Account Title Debit Credit Apr. 9: Performed services for a customer and received cash of $5,000. Date Accounts and Explanation Apr. 9 Debit Credit Apr. 13. Purchased office supplies on account, $300. Date Accounts and Explanation Apr. 13 Debit Credit