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EX 2-5 Journal entries Based upon the Taccounts in Exercise 2-4, prepare the eight joumal entries from which the postings were made Journal entry explanations
EX 2-5 Journal entries Based upon the Taccounts in Exercise 2-4, prepare the eight joumal entries from which the postings were made Journal entry explanations may be omitted. EX 2-6 Trial balance Based upon the data presented in Exercise 2-4, prepare an tiradjusted trial balance, listing the accounts in their proper order Total Debut color $3400 EX 2-7 Normal entries for Accounts During the month, Iris Labs Co. has a substantial number of transactions affecting each of the following accounts. State for each account whether it is likely to have (a) debit entries only. (b) credit entries only, or (e) both debit and credit entries 1. Accounts Payable 4. Fees Earned 2. Accounts Receivable 5. Insurance Expense 3. Cash 6. Nicki Swanson, Withdrawals EX 2-8 Normal balances of accounts 2 Identify each of the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit a. Accounts Payable Fees Earned b. Accounts Receivable g Office Equipment c. Barbara Mallary, Capital h Rent Expense d. Barbara Mallary, Withdrawals 1. Supplies e Cash 1. Wages Expense EX 2-5 Journal entries Based upon the accounts in Exercise 24. prepare the eight journal entries from which the postings were made. Journal entry explanations may be omitted EX 2-5 Journal entries Based upon the Taccounts in Exercise 2-4, prepare the eight joumal entries from which the postings were made Journal entry explanations may be omitted. EX 2-6 Trial balance Based upon the data presented in Exercise 2-4, prepare an tiradjusted trial balance, listing the accounts in their proper order Total Debut color $3400 EX 2-7 Normal entries for Accounts During the month, Iris Labs Co. has a substantial number of transactions affecting each of the following accounts. State for each account whether it is likely to have (a) debit entries only. (b) credit entries only, or (e) both debit and credit entries 1. Accounts Payable 4. Fees Earned 2. Accounts Receivable 5. Insurance Expense 3. Cash 6. Nicki Swanson, Withdrawals EX 2-8 Normal balances of accounts 2 Identify each of the following accounts of Advanced Services Co. as asset, liability, owner's equity, revenue, or expense, and state in each case whether the normal balance is a debit or a credit a. Accounts Payable Fees Earned b. Accounts Receivable g Office Equipment c. Barbara Mallary, Capital h Rent Expense d. Barbara Mallary, Withdrawals 1. Supplies e Cash 1. Wages Expense EX 2-5 Journal entries Based upon the accounts in Exercise 24. prepare the eight journal entries from which the postings were made. Journal entry explanations may be omitted
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