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Expert Q&A Done transactions during April: Apr. 1. The following assets were received from Adam: cash, $30,000; accounts receivable, $24,000; supplies, $13,00; and office equipment,
Expert Q&A Done transactions during April: Apr. 1. The following assets were received from Adam: cash, $30,000; accounts receivable, $24,000; supplies, $13,00; and office equipment, $22,000 1. Paid three months' rent on a lease rental contract, $3,000. 2. Paid the premiums on property and casualty insurance policies, $2,400. 4. Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $11,400. 5. Purchased additional office equipment on account from Smith Office Supply Co., $14,000. 6. Received cash from clients on account, $17,100. 10. Paid cash for a newspaper advertisement, $350 12. Paid Smith Office Supply Co. for part of the debt incurred on April 5, $6,400. 12. Provided services on account for the period April 1-12, $21,900. 17. Received cash from cash clients for fees earned during the period April 1-16, $6,600. 18. Paid cash for supplies, $725. 20. Provided services on account for the period April 13-20, $16,800 24. Received cash from cash clients for fees earned for the period April 17-24, $4,450. 26. Received cash from clients on account, $26,500. 27. Paid receptionist for two weeks' salary, $1,650. 30. Received cash from cash clients for fees earned for the period April 25-30, $5,160. 30. Provided services on account for the remainder of April, $2,590. 30. Jeff withdrew $18,000 for personal use Requirements: 1.. Journalize each transaction 2. Post the journal to a ledger of four-column accounts 3. Prepare an unadjusted trial balance
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