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fundamentals of accounting J Question No. 2 Selected transactions from the journal of Roberta Mendez. investment broker. are presented below. Aug. 1 10 12 25

fundamentals of accounting

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J Question No. 2 Selected transactions from the journal of Roberta Mendez. investment broker. are presented below. Aug. 1 10 12 25 31 Instructions (3) Post the transactions to T-accounts. (b) Prepare a trial balance at August 31. 2014. Account Titles and Explanation mm Cash Common Stock (Investment of cash for stock) Cash Service Revenue (Received cash for services provided) Equipment Cash Notes Payable (Purchased ofce equipment for cash and notes payable) Account Receivable Service Revenue (Billed clients for services provided) Cash Accounts Receivable (Receipt of cash on account) 5.000 2.700 5.000 5.000 2.700 1 .000 4.000 1.600 850 L

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