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Hello, Can someone please help me with the solution to this problem? I am enrolled in this course and just not understanding what I am
Hello, Can someone please help me with the solution to this problem? I am enrolled in this course and just not understanding what I am to do. I know for a portion of the problem I use T accounts, but not sure what goes where. Also, I am not sure about the journal postings or the trial balance sheet. Any help you can provide would be great! I just want to try to understand this information and do well in the course. Thank you. Problem reads: Recording transactions, using four-column ledger accounts, and preparing a trial balance The following transactions occurred during the month for Teresa Parker, CPA: a. Parker opened an accounting firm by investing $14,100 cash and office furniture valued at $5,200. The business issued $19,300 of capital to Parker. b. Paid monthly rent of $1,500. c. Purchased office supplies on account, $900. d. Paid employee
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