Question
E2.17 (LO 2, 3, 4) Beyers Security Company provides security services. Selected transactions for Beyers are presented below. Journalize transactions, post transactions to T-accounts, and
E2.17 (LO 2, 3, 4) Beyers Security Company provides security services. Selected transactions for Beyers are presented below. Journalize transactions, post transactions to T-accounts, and prepare trial balance. Oct. 1 Invested $66,000 cash in the business. 2 Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15. 4 Paid one month of rent for building for $2,000. 7 Purchased equipment for $18,000, paying $4,000 cash and the balance on account. 8 Paid $500 for advertising. 10 Received bill for equipment repair cost of $390. 12 Provided security services for event for $3,200 on account. 16 Purchased supplies for $410 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $148. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $5.100. P4-1A Prepare a worksheet, financial statements, and adjusting and closing entries The trial balance columns of the worksheet for Warren Roofing at March 31, 2017 are WARREN ROOFING Worksheet For the Month Ended March 31, 2020 Trial Balance Account Titles Dr. Cr. Cash 4,500 Accounts Receivable 3,200 Supplies 2,000 Equipment 11,000 Accumulated Depreciation-Equipmen 1,250 Accounts Payable 2,500 Unearned Service Revenue 550 Owner's Capital 12,900 Owner's Drawings 1,100 Service Revenue 6,300 Salaries and Wages Expense 1,300 Miscellaneous Expense 400 23,500 23,500 Other data: 1. A physical count reveals only $480 of roofing supplies on hand. 2. Depreciation for March is $250. 3. Unearned service revenue amounted to $260 at March 31. 4. Accrued salaries are $700
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