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For the numbered transaction i need Journal entries with narration, ledger accounts, trial balance. Then for transactions a,b,c and d i need adjusting journal entries,
For the numbered transaction i need Journal entries with narration, ledger accounts, trial balance. Then for transactions a,b,c and d i need adjusting journal entries, then adjusted trial balance. Then income statement, statement of retained earnings and balance sheet(july31st). Then closing entries for t account as of july 31st. Thank you
July 1 | Began business by making a deposit in a company bank account of $40,000, in exchange for 4,000 shares of $10 par value common stock. |
July 1 | Paid the premium on a 1-year insurance policy, $4,800. |
July 1 | Paid the current month's store rent expense, $3,600. |
July 6 | Purchased repair equipment from Paul's Pool Equipment Company, $7,800. Paid $600 down and the balance was placed on account. |
July 8 | Purchased repair supplies from Mary's Repair Company on credit, $450. |
July 10 | Paid telephone bill, $300. |
July 11 | Cash pool service revenue for the first third of July, $2,650. |
July 18 | Made payment to Mary's Repair Company, $300. |
July 20 | Cash pool service revenue for the second third of July, $4,000. |
July 31 | Cash pool service revenue for the last third of July, $2,250. |
July 31 July 31 | Paid the current month's electric bill, $500. Declared and Paid cash dividend of $1100
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