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i need cash and computer service revenue account for this question i want cash and accounts receivable account of this question pls help me On
i need cash and computer service revenue account for this question
i want cash and accounts receivable account of this question pls help me
On October 1,2020, Aster Turane organized a computer service company called Aster Systems. Aster is organized as a sole proprietorship and will provide consulting services, con system installations, and custom program development. Aster Systems has adopted the cale for reporting, and expects to prepare the company's first set of financial statements as of December 31,2020 . The initial chart of accounts for the accounting system includes these ite Part A Required 1. Set up balance column accounts based on the chart of accounts provided. 2. Prepare journal entries to record each of the following October transactions. 3. Post the October entries. 4. Prepare a trial balance at October 31, 2020. 5. Prepare an income statement and a statement of changes in equity for the month ended October 31, 2020, as well as a balance sheet at October 31, 2020. Oct. 1 Aster Turane invested $32,000 cash, a $5,040 computer system, and $12,000 of office equipment in the business. 2. Paid six months of rent in advance; $9,300. 3 Purchased computer supplies on credit for $1,975 from Triple-One Supplies 5 Paid $8,640 cash for one year's premium on a property and liability insurance policy. 6 Billed Norton Electric $3,300 for installing a new computer system. 8 Paid for the computer supplies purchased from Triple-One Supplies. 10 Hired Donald Gee as a part-time assistant for $345 per day, as needed. V1_AsterSystem_C... A B C D 1 SERIAL PROBLEM - Aster Systems 2 3 This comprehensive problem starts in this chapter and continues in Chapters 3, 4, and 5. 4 5 On October 1, 2020, Aster Turane organized a computer service company called Aster 6 Systems. Aster is organized as a sole proprietorship and will provide consulting services, computer 7 system installations, and custom program development. Aster Systems has adopted the calendar year 8 for reporting, and expects to prepare the company's first set of financial statements as of 9 December 31,2020 . The initial chart of accounts for the accounting system includes these itemsStep by Step Solution
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