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Desperate on Part A #2 ONLY Need by tonight please ASAP Before you begin, print out all the pages in this workbook. Roth Contractors Corporation
Desperate on Part A #2 ONLY
Need by tonight please ASAP
Before you begin, print out all the pages in this workbook. Roth Contractors Corporation was incorporated on December 1, 2019. Required: Part A 1 Prepare journal entries to record the December transactions shown on page "Transactions Pt. A". General ledger account numbers and descriptions are not needed. 2 Post the entries to general ledger T-accounts. 2019 December Transactions 9,000Amount a. Issued common stock for cash 2,700 b. Paid cash for three month's rent: December 2019, January and February 2020 5,000 c. Purchased a used truck on credit (recorded as an account payable) d. Purchased supplies on credit. These are expected to be used during the month (recorded as expe 1,800 e. Paid for a one-year truck insurance policy, effective December 1 2,160 f. Billed a customer for work completed to date g. Collected cash for work completed to date 9,000 h. Paid the following expenses in cash: Advertising 4,000 Interest Telephone Truck operating Wages i. Collected part of the amount billed in f above j. Billed customers for work completed to date k. Signed a contract for work to be performed in January 2020 700 800 700 700 1,000 2,500 7,000 I. Paid the following expenses in cash: Advertising 7,000 Interest Truck operating Wages 900 800 900 1,000 m. Collected an advance on work to be done in January (the policy of the coproration is to record such advances as revenue at the the time they are received) 4,000 n. Received a bill for electricity used during the month (recorded as utilities expense) 600
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