I need help with part 6,7 and 8. I already did 1-5.

HUMO sert Draw WE JUURD Entry Question) Page Layout Data 2 View Formulas AA A Review = 12 O Pastes 881 09 Times New Roman BI fx C D Updates Ready to Install Some apps curren preventing automatico General $ - % 3 x 323 Conditional Format Formatting - Table Cell Styles Format X Sort & K L M N O P Instruction 1. Identify the type of accounts (ie, asset, liability, or equity and its normal balance "Al for asset, L' for liability, or 'E' for equity 'D' for debit, or 'C' for credit Normal Balance Dehir Account Cash 1. Accounts Payable 2. Accounts Receivable 3. Common Stock 4. Room Sales Revenue 5. Rent Expense 6. Rent Revenue 7. Salaries expense 8. Notes Payable 9. Utility Expense 10. Notes Receivable 11. Building 12. Land 13. Equipment 14. Mini Van 15. Interest Payable 16. Tax Payable 17. Tax Expense 18. Service Revenue 19. Fumiture 20. Computer Equipment Type Asser Liability Asset Equity Equity Equity Equity Equity Liability Equity AUDAULAAAAADUAL Assets Assets Assets Liability Liability Equity Equity Assets 2. What is double (or dual) entry accounting system'? The dowle wir accountine stem is the account much Sheet1 + of duality Home Homework #2 Journal Entry (Question) Insert Draw Page Layout Formulas Data Review View A ' 12 A O LA General O Updates Ready to Some apos current preventing automatie Times New Roman BIU v fax C D ate 381 A - $ %, 843 Conditional Format Formatting as Table Cell Styles Format X B E K L M N O 5. Enter the transactions into the general journal showing debits and credits a. Had room sales and received cash of $30,000 a. Cash of $3,000 was paid for rent e. Had room sales and send a bill ($1,000) to customer d. Purchase of cleaning supplies for cash, $1,000 e. Purchase of office equipment on account from Bing's Office Equipment, $1,500 f Received cash (1,000) by exchanging extra common stock g. Paid cash $1,500 for existing accounts payable to Bing's Office Equipment h. Received cash $1,000 for rent revenue 1. Payment of wages with cash, 55,000 30,000 30.000 3,000 3,000 1.000 Journal Entries Write account names in this column Number and don't forget the indent a. Cash Room Sales Revenue b. Rent Expense Cash c. Accounts Recievable Room Sales Revenue d. Cleaning Supplies Cash e. Equipment Accounts Payables - Cash Common Stock g. Accounts Payables Cash h. Cash Rent Revenue i. Salaries/Wages Expenses 1,500 1.500 1 500 1,500 1,000 1.000 1,500 1500 1,000 1,000 SOO 500 84 85 6. Posting Post the journal entries in to general ledger for each account Be careful for 'Cash'and' Accounts Payable! the balance is wrong. I point will be deducted for each. 87 88 89 Account Name: Cash Leave this column blank Debit Credit Balance 30,000 3.000 91 d 92 93 h. 94 95 Question #1 on Homework 2.2 96 97 98 Account Name: Room sales revenue Leave this column blank 99 Debit Credit Balance 900 901 103 104 105 Account Name: Rent expense Leave this column blank b. Credit Balance 06 107 108 109 Account Name: Accounts receivable Leave this column blank 110 Debit Credit Balance 112 113 Account Name: Cleaning supplies Texte this column blank Sheet1 + Debit Credit Ralance A E F G 1 KL M N O P B C D Account Name: Cleaning supplies Leave this column blank Debit Credit Balance Account Name: Office equipment Leave this column blank Debit Credit Balance Account Name: Accounts payable Leave this column blank Debit Credit mTMENN Question #2 on Homework 2-1 Account Name: Common stock Leave this column blank Debit Credit 134 135 Account Name: Rent revenue Leave this column blan Balance Debel C redit 136 137 138 139 140 Account Name: Wages expense Leave this column blank Debit Credit 142 143 144 146 7. Open T-accounts for each account Account name, single line to calculate balance and double underline for halance I have explained this in class Cash Rent expense 149 150 151 152 153 154 Question on Homework 2-2 Accounts receivable orce Equipment 170 171 174 175 KLM No Common Stock 8. Prepare Trial Balance considering previous balance Be careful about 'S' sign and double underline Trial Balance August 31, 2017 Accounts Debits Cash Accounts Receivable Cleaning Supplies Office Equipment Accounts Payable Common Stock Room Sales Revenue Rent Revenue Wages Expense Rent Expense 00 Question 4 on Homework 2-2 203 G H L M N O P 8. Prepare Trial Balance considering previous balance Be careful about 's' sign and double underline. AAA Trial Balance August 31, 2017 Debits Accounts Cash Accounts Receivable Cleaning Supplies Office Equipment Accounts Payable Common Stock Room Sales Revenue Rent Revenue Wages Expense Rent Expense 14 on Homework 42- Total Assets Total Liabilities Total Equity 09 12 Sheet + Ready JUTI Entry Question 09 L HOMO sert Draw Page Layout Formulas Data Review View the Times New Roman - 12 A A = = Paste & B IUO -A E E B 881 x fx Instruction 1. Identify the type of accounts (ie, asset, liability, or equity and its bermal balance Al for asset, L' for liability, or 'E' for equity 'D' for debit, or 'C' for credit Updates Ready to Install Some apps curren preventing automatica General $ % 8-23 Conditional Format Formatting Table Cell Styles Format X L M N O P Normal Balance Dubir Type Asset Liability Asset Equity Equity Equity Equity Equity Liability Equity Account Erample Cash 1. Accounts Payable 2. Accounts Receivable 3. Common Stock 4. Room Sales Revenue 5. Rent Expense 6. Rent Revenue 7. Salaries expense 8. Notes Payable 9. Utility Expense 10. Notes Receivable 11. Building 12. Land 13. Equipment 14. Mini Van 15. Interest Payable 16. Tax Payable 17. Tax Expense 18. Service Revenue 19. Fumiture 20. Computer Equipment 20 SUURUSUALLADDAUD Assets Assets Assets Liability Liability Equity Equity Assets 2. What is double (or dual) entry accounting system'? The double wir a contine stem is the account Sheet1 + ovucice of duality - Ready