Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I was able to fill in the boxes on most however, I need help with the parts I circled in green I cannot figure it

I was able to fill in the boxes on most however, I need help with the parts I circled in green I cannot figure it out. image text in transcribed
Calculate the account balances. Use a "Bal." posting reference on the proper side of each account to show the ending balances of the accounts. Cash Accounts Payable Service Revenue Jul. 22 8001,300 Jul. 10 13,300 Jul. 31 Jul. 1 Jul. 19 Jul. 31 Jul. 31 70,000 28,000 6,800 1,190 590 Jul. 5 15,000 Jul. 9 Bal 13,300 Bal. 800 Jul. 22 4,750 Jul. 31 6,500 Jul. 31 Advertising Payable Salaries Expense 290 Jul. 28 Jul. 31 2,800 Bal 290 Bal Bal. 2,800 Accounts Receivable Unearned Revenue Rent Expense Jul. 31 6,500 1,190 Jul. 31 Jul. 5 Jul, 31 Bal. 590 1,700 Bal 6,500 1,190 Bal. Office Supplies Notes Payable Utilities Expense Jul. 10 1,300 28,000 Jul. 19 Jul 31 Bal 1,300 28,000 Bal 250 Land Common Stock Advertising Expense Jul. 9 15,000 70,000 Jul. 1 Jul. 28 Bal 15.000 70,000 Bal Jul. 31 6,500 6,500

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Social Media Audit And Stats Audit And Statistics For Social Media Platforms

Authors: Virtual Desk Tools

1st Edition

B09JDX8Z9M, 979-8492994938

More Books

Students also viewed these Accounting questions

Question

Define "piercing the veil."

Answered: 1 week ago

Question

Should legislators only create laws that are morality based?

Answered: 1 week ago