general journal

t-accounts

trial balance

income statement

statement of changes

balance sheet

statement of cash flows

closing entries

post closing trial balance

1. Paid $5,800 cash for the salaries accrued at the end of the prior accounting period. 2. Performed services for cash of $55,000. 3. Purchased $4,500 of supplies on account. 4. Paid $15,600 cash in advance for rent. The payment was for one year beginning April 1. Year 2. 5. Performed services for customers on account for $122,000. 6. Incurred operating expenses on account of $58,500. 7. Collected $106,000 cash from accounts receivable. 8. Paid $56,000 cash as a partial payment on accounts payable. 9. Paid $33,200 cash for salary expense. 10. Paid a $14,000 cash dividend to stockholders