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RAISED SUSPENSION! The Module 1: Introdut X Bb Microsoft Word - X Bb Microsoft Word - / * Search Results | C X Homework Help - X Microsoft Word - x Microsoft Word -* + C D @ File | /Users/bethanyrlucas/Downloads/AC%20111%20Assignment%20%231%20(1).pdf AC 111 Assignment #1 Journal Analysis, Posting, and Trial Balance Adams Company Chart of Accounts: Title Number Cash 101 Accounts Receivable 105 Office Supplies 115 Prepaid Insurance 120 Prepaid Rent 125 Office Equipment 130 Accounts Payable 201 G. Adams, Capital 301 G. Adams, Withdrawals 305 Services Revenue 401 Utilities Expense 501 The following transactions occurred in the month of January: Jan. 1 Adams invested $150,000 cash and $22,000 in office equipment in the company. Jan. 2 The company prepaid $6,500 cash for 12 months rent for an office. Jan. 3 The company purchased on credit $17,000 in office equipment and $2,000 in office supplies. Payment is due in 10 days. Jan. 6 Completed services for a client and collected $13,500 cash. Jan. 9 Completed services for a client worth $6,000. The client is required to pay within 30 days. MacBook Pro 80 988 @ & 5 6 2 Q W E R T Y U O G HRAISED HIGH-RIDER SUSPENSION! Module 1: Introduc * Bb Microsoft Word - Bb Microsoft Word - x Search Results | C X Homework Help - x Microsoft Word - X Microsoft Word - X + @ @ File | /Users/bethanyrlucas/Downloads/AC%20111%20Assignment%20%231%20(1).pdf Jan. 13 Paid $19,000 to settle an account payable. Jan. 19 Paid $7,000 cash for the premium on a 12 month insurance policy. Jan. 22 Received $6,000 from a client for services completed on Jan. 9. Jan. 25 Completed work for another client on credit worth $11,000. Jan. 28 Adams withdrew $2,500 cash for personal use. Jan. 29 Purchased $750 additional office supplies on credit. iiiii Jan. 30 Paid $1,250 cash for the monthly utility bill. Required: 1. Prepare the necessary journal entries for the transactions in January. 2. Post the journal entries to the T-Accounts. 3. Prepare a Trial Balance for the end of January. MacBook Pro esc 80 TEA % A 6 W E R T Y U O P D F G H K