do problem 1 and 2

PR 5-5A All journals and general ledger; trial balance The transactions completed by Revere Courier Company during December, the first month of the fiscal year, were as follows: Dec. 1. Issued Check No. 610 for December rent, $4,200. 2 Issued Invoice No. 940 to Clifford Co., $1,740. 3. Received check for $4,800 from Rvan Co. in payment of account 5. Purchased a vehicle on account from Platinum Motors, $37,300. 6. Purchased office equipment on account from Austin Computer Co., $4,500. 6. Issued Invoice No. 941 to Ernesto Co., $3,870. 9. Issued Check No. 611 for fuel expense, $600. 10. Received check from Sing Co. in payment of $4,040 invoice. 10. Issued Check No. 612 for $330 to Office To Go Inc. in payment of invoice. 10. Issued Invoice No. 942 to Joy Co., $1,970 11. Issued Check No. 613 for $3,090 to Essential Supply Co. in payment of account 11. Issued Check No. 614 for $500 to Porter Co. in payment of account 12. Received check from Clifford Co. in pavment of $1,740 invoice of December 2, 13. Issued Check No. 615 to Platinum Motors in payment of $37,300 balance of December 5. 16. Issued Check No. 616 for $39,800 for cash purchase of a vehicle. 16. Cash fees earned for December 1-16, $20,300. 17. Issued Check No. 617 for miscellaneous administrative expense, $500. 18. Purchased maintenance supplies 19. Purchased the following $1,500; office supplies, $375. 20. Issued Check No. 618 in payment of advertising expense, $1,780. on account from Essential Supply Co., $1,750. on account from McClain Co.: maintenance supplies, 20. Used $3,200 maintenance supplies to repair delivery vehicles. 23. Purchased office supplies on account from Office To Go Inc., $400. 24. Issued Invoice No. 943 to Sing Co., $6,100. 24. Issued Check No. 619 to S. Holmes as a personal withdrawal, $3,000. 25. Issued Invoice No. 944 to Ernesto Co., $5.530. 25. Received check for $4,100 from Ryan Co. in payment of balance. 26. Issued Check No. 620 to Austin Computer Co. in payment of $4,500 invoice of December 6, 30. Issued Check No. 621 for monthly salaries as follows: driver salaries, $16,900; office salaries, $7,100. Dec. 31. Cash fees earned for December 17-31, $18,900. 31. Issued Check No. 622 in payment for office supplies, $340. Instructions 1. Enter the following account balances in the general ledger as of December 1 11 Cash 32 S.Holmes, Drawing $161,680 12 Accounts Receivable 12,940 41 Fees Earned 14 Maintenance Supplies 15 Office Supplies Driver Salaries Expense 52 Maintenance Supplies Exp. 53 Fuel Expense 10,850 51 4,900 16 Office Equipment 28,500 17 Accum. Depr.-Office Equip. Office Salaries Expense Rent Expense Advertising Expense Miscellaneous Administrative Expense 6,900 61 18 Vehicles 95,900 62 19 Accum. Depr.-Vehicles 21 Accounts Payable 31 S.Holmes, Capital 63 14,700 3,920 64 289,250 2. Journalize the transactions for December, using the following journals similar to those illus- trated in this chapter: cash receipts journal (p. 31), purchases journal (p. 37, with columns for Accounts Payable, Maintenance Supplies, Office Supplies, and Other Accounts), single- column revenue journal (p. 35), cash payments journal (p. 34), and two-column general journal (p. 1). Assume that the daily postings to the individual accounts in the accounts payable subsidiary ledger and the accounts receivable subsidiary ledger have been made 3. Post the appropriate individual entries to the general ledger. 4. Total each of the columns of the special journals and post the appropriate totals to the general ledger; insert the account balances. 5. Prepare a trial balance. PR 5-5A All journals and general ledger; trial balance The transactions completed by Revere Courier Company during December, the first month of the fiscal year, were as follows: Dec. 1. Issued Check No. 610 for December rent, $4,200. 2 Issued Invoice No. 940 to Clifford Co., $1,740. 3. Received check for $4,800 from Rvan Co. in payment of account 5. Purchased a vehicle on account from Platinum Motors, $37,300. 6. Purchased office equipment on account from Austin Computer Co., $4,500. 6. Issued Invoice No. 941 to Ernesto Co., $3,870. 9. Issued Check No. 611 for fuel expense, $600. 10. Received check from Sing Co. in payment of $4,040 invoice. 10. Issued Check No. 612 for $330 to Office To Go Inc. in payment of invoice. 10. Issued Invoice No. 942 to Joy Co., $1,970 11. Issued Check No. 613 for $3,090 to Essential Supply Co. in payment of account 11. Issued Check No. 614 for $500 to Porter Co. in payment of account 12. Received check from Clifford Co. in pavment of $1,740 invoice of December 2, 13. Issued Check No. 615 to Platinum Motors in payment of $37,300 balance of December 5. 16. Issued Check No. 616 for $39,800 for cash purchase of a vehicle. 16. Cash fees earned for December 1-16, $20,300. 17. Issued Check No. 617 for miscellaneous administrative expense, $500. 18. Purchased maintenance supplies 19. Purchased the following $1,500; office supplies, $375. 20. Issued Check No. 618 in payment of advertising expense, $1,780. on account from Essential Supply Co., $1,750. on account from McClain Co.: maintenance supplies, 20. Used $3,200 maintenance supplies to repair delivery vehicles. 23. Purchased office supplies on account from Office To Go Inc., $400. 24. Issued Invoice No. 943 to Sing Co., $6,100. 24. Issued Check No. 619 to S. Holmes as a personal withdrawal, $3,000. 25. Issued Invoice No. 944 to Ernesto Co., $5.530. 25. Received check for $4,100 from Ryan Co. in payment of balance. 26. Issued Check No. 620 to Austin Computer Co. in payment of $4,500 invoice of December 6, 30. Issued Check No. 621 for monthly salaries as follows: driver salaries, $16,900; office salaries, $7,100. Dec. 31. Cash fees earned for December 17-31, $18,900. 31. Issued Check No. 622 in payment for office supplies, $340. Instructions 1. Enter the following account balances in the general ledger as of December 1 11 Cash 32 S.Holmes, Drawing $161,680 12 Accounts Receivable 12,940 41 Fees Earned 14 Maintenance Supplies 15 Office Supplies Driver Salaries Expense 52 Maintenance Supplies Exp. 53 Fuel Expense 10,850 51 4,900 16 Office Equipment 28,500 17 Accum. Depr.-Office Equip. Office Salaries Expense Rent Expense Advertising Expense Miscellaneous Administrative Expense 6,900 61 18 Vehicles 95,900 62 19 Accum. Depr.-Vehicles 21 Accounts Payable 31 S.Holmes, Capital 63 14,700 3,920 64 289,250 2. Journalize the transactions for December, using the following journals similar to those illus- trated in this chapter: cash receipts journal (p. 31), purchases journal (p. 37, with columns for Accounts Payable, Maintenance Supplies, Office Supplies, and Other Accounts), single- column revenue journal (p. 35), cash payments journal (p. 34), and two-column general journal (p. 1). Assume that the daily postings to the individual accounts in the accounts payable subsidiary ledger and the accounts receivable subsidiary ledger have been made 3. Post the appropriate individual entries to the general ledger. 4. Total each of the columns of the special journals and post the appropriate totals to the general ledger; insert the account balances. 5. Prepare a trial balance