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Hi can you help me with this please. Thanks in advance Required on Microsoft Excel Problem 2 - 2 B Preparing and posting journal entries;
Hi can you help me with this please. Thanks in advance Required on Microsoft Excel Problem B Preparing and posting journal entries;
preparing a trial balance P A
At the beginning of April, Bernadette Grechus launched a custom computer
solutions company called Softworks. The company had the following transactions
during April.
a B Grechus invested $ cash, office equipment with a value of $ and
$ of computer equipment in the company in exchange for common
stock
b The company purchased land worth $ for an office by paying $
cash and signing a note payable for $
c The company purchased a portable building with $
Prepare general journal entries to record these transactions use account titles listed in part
Open the following ledger accountstheir account numbers are in parentheses use the balance column format: Cash ; Accounts Receivable ; Prepaid Insurance ; Office Equipment ; Computer Equipment ; Building ; Land ; Accounts Payable ; Notes Payable ; Common Stock ; Dividends ; Services Revenue ; Wages Expense ; Advertising Expense ; and Repairs Expense Post the journal entries from part to the accounts and enter the balance after each posting.
Check Ending balances: Cash, $; Accounts Receivable, $; Accounts Payable, $
Prepare a trial balance as of the end of April.
Trial balance totals, $ Problem B Preparing and posting journal entries;
preparing a trial balance P A
At the beginning of April, Bermadette Grechus launched a custom computer
solutions company called Softworks. The company had the following transactions
during April.
a B Grechus invested $ cash, office equipment with a value of $ and
$ of computer equipment in the company in exchange for common
stock
b The company purchased land worth $ for an office by paying $
cash and signing a note payable for $
c The company purchased a portable building with $ cash and moved it
onto the land acquired in
d The company paid $ cash for the premium on a twoyear insurance
policy.
e The company provided services to a client and immediately collected $
cash.
f The company purchased $ of additional computer equipment by paying
$ casirat signing a note payable for $
g The company completed $ of services for a client. This amount is to be
received within days.
h The company purchased $ of additional office equipment on credit.
i The company completed $ of services for a customer on credit.
j The company purchased $ of TV advertising on credit.
k The company collected $ cash in partial payment from the client
described in transaction
The company paid $ cash for employee wages.
m The company paid $ cash to settle the payable created in transaction
n The company paid $ cash for repairs.
o The company paid a $ cash divided Page
p The company paid $ cash dividend.
q The company paid $ cash for employee wages.
Required
Prepare general journal entries to record these transactions use account
titles listed in part
Open the following ledger accountstheir account numbers are in
parentheses use the balance column format: Cash ; Accounts
Receivable ; Prepaid Insurance ; Office Equipment ;
Computer Equipment ; Building ; Land ; Accounts Payable
; Notes Payable ; Common Stock ; Dividends ; Services
Revenue ; Wages Expense ; Advertising Expense ; and
Repairs Expense Post the journal entries from part to the accounts
and enter the balance after each posting.
Check Ending balances: Cash, $; Accounts Receivable, $;
Accounts Payable, $
Prepare a trial balance as of the end of April.
Trial balance totals, $
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