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I did most of the problem but need help with some of the answers I got Problem 4-5A (Part Level Submission) Anya Clark opened Anyas
I did most of the problem but need help with some of the answers I got
Problem 4-5A (Part Level Submission)
Anya Clark opened Anyas Cleaning Service on July 1, 2017. During July, the following transactions were completed.
July 1 | Anya invested $20,000 cash in the business. | |
1 | Purchased used truck for $8,900, paying $4,000 cash and the balance on account. | |
3 | Purchased cleaning supplies for $2,300 on account. | |
5 | Paid $1,920 cash on 1-year insurance policy effective July 1. | |
12 | Billed customers $4,500 for cleaning services. | |
18 | Paid $1,500 cash on amount owed on truck and $1,400 on amount owed on cleaning supplies. | |
20 | Paid $2,500 cash for employee salaries. | |
21 | Collected $3,300 cash from customers billed on July 12. | |
25 | Billed customers $5,900 for cleaning services. | |
31 | Paid $360 for the monthly gasoline bill for the truck. | |
31 | Withdrew $5,600 cash for personal use |
Also if you can, do a trial balance and worksheet
July 25 Date Explanation July 3 Date Explanation July 3 Date Explanation July 5 Date Explanation July 1 July 3 July 18 Date Explanation July 1 Date Explanation July 21 Date Explanation July 12 July 25 Date Explanation July 31 Date Explanation July 20 59 00 7100 No. 128 supplies Debit Credit Balance 2300 t 2300 No. 130 Prepaid Insurance Debit Credit Balance 2300 2300 Equipment No. 157 Debit Credit Balance 1920 1920 Accounts Payable No. 201 Debit Credit Balance T 4900 T 4900 T 2300 T 7200 4300 2900 owner's Capital No. 301 Debit Credit Balance 20000 20000 Owner's Drawings No. 306 Debit Credit Balance 5600 5600 No. 400 Service Revenue Debit Credit Balance 4500 4500 5900 Gasoline Expense No. 633 Debit Credit Balance 360 360 Salaries and Wages Expense No. 726 Debit Credit Balance 2500 T 2500Step by Step Solution
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