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Homework: Chapter 2 Homework HW Score: 76.29% , 15.26 Score: 1.26 of 4 pts 5 of 5 (5 complete) P2-38B (similar to) Question He The

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Homework: Chapter 2 Homework HW Score: 76.29% , 15.26 Score: 1.26 of 4 pts 5 of 5 (5 complete) P2-38B (similar to) Question He The trial balance of Sheldon Mestler, CPA, is daled March 31, 2018 (Click the icon to view the March 31 trial balance ) During April, the business completed the following transactions (Cick the icon to view the transactions.) Read the requirements Paid cash expenses Requirement 2. The four-column ledger accounts listed in the trial balance, together with their balances as of March 31, have been opened for you and ulize the following account numbers: Cash, 11 Accounts Receivable, 12, Office Supplies, 13, Land,, 14, Fumiture, 15, Automobile, 16, Accounts Payable, 21, Uneamed Revenue, 22: Common Stock, 31; Dividends, 33; Service Revenue, 41; Salaries Expense, 51, and Rent Expense, 52. Post the journal entries to four-column accounts in the ledger, using dates, account numbers. jounal references, and posting references. AssSume the journal entries were recorded on page 5 of the joumal. (Compute the new balance for each account after posting the transaction) Apr 4 Colected $6.000 cash from a clent on account Beiew the joumal entry you prepared in Reqursmect 1 CASH Account No. 11 Balance hate Hem Post Ref Debit Credit nehit Cre Choose from any list or enter any number in the input fields and then click Check Answer 24 parts Clear All remaining - X Data Table More Info Sheldon Mestler, CPA Apr 4 Collected $6,000 cash from a client on account. 8 Performed tax services for a client on account, $3,800. 13 Paid $3,400 on account Trial Balance March 31, 2018 14 Purchased furniture on account, $4,400. 15 Mestler contributed his personal automobile to the business in exchange for common stock. The automobile had a market value of $10,000. 18 Purchased office supplies on account, $700. Balance Account Title Debit Credit Cash 14,000 19 Received $1,900 for tax services performed on April 8. Accounts Receivable 6,500 20 Paid cash dividends of $3,000. 21 Received $1,500 cash for consulting work completed 24 Received $2.200 cash for accounting services to be completed next month 27 Paid office rent, $750 Office Supplies 700 Land 20,000 0 Furniture 28 Paid employee salary, $1,300. Automobile Print Done Print Done - X Data Table Land 20,000 Furniture Automobile 0 i Accounts Payable 5,600 Unearned Revenue 0 Common Stock 31,200 4: Dividends ev Service Revenue 11,500 SH Salaries Expense 5,500 Rent Expense 1,600 48,300 $ Total 48,300 ose Print Done

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