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DITI Exercis BE2-6 Using the data in BE2-5, journalize the transactions. (You may omit ex below. Selected transactions for the Nikolai Company are presented in
DITI Exercis BE2-6 Using the data in BE2-5, journalize the transactions. (You may omit ex below. Selected transactions for the Nikolai Company are presented in journal form Fot oumal entries to L0 2) low. Post the mine each account's ending balance. transactions to T-accounts. Make one T-account for each item and deter- Taccounts (LO 3) 1 Date Account Titles and Explanation Ref. Debit Credit May 5 Accounts Receivable 5,000 Service Revenue 5,000 (Billed for services performed 12 Cash 2,100 Accounts Receivable 2,100 (Received cash in payment of account) 15 Cash 3,200 Service Revenue 3,200 (Received cash for services performed) BE2-8 Selected journal entries for the Nikolai Company are presented in BE2-7. Post the Post journal e transactions using the standard form of account (LO 3) BE2-9 From the ledger balances given below, prepare a trial balance for the Favre Prepare a trid Company at June 30, 2017. List the accounts in the order shown on page 69 of the textbook. Lo4) All account balances are normal. Accounts Payable $7,000, Cash $5,200, Common Stock $20,000, Dividends $800, Wages Expense $6,000, and Rent Expense $1,000
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