Instructions Chart of Account Journal TAccounts Unadjusted Thiel Balance Final Question Instructions On January 1, 2015 Fahad Al established Mountain Top Realty, which completed the following transactions during the month Jan 1 2. 3 4 Fahad Ali transferred cash from a personal bank account to an account to be used for the business, 553,000 Paid rent on office and equipment for the month $7.950 Purchased supplies on account, $4240 Pad creditor on account, $2.320 Eamed fees, receiving cash $24, 180 Paid automobile expenses including rental charge for month $2,000, and mancanous penses $560 Paid office satanes, 56 630 Determined that the cost of supplies ned was $1.500 5 6 7 8 T Journal entries and trial balance Instructions Journal Chart of Accounts Final Questions TAccounts Unadjusted Trial Balance Instructions Falcon SOUS 8 Determined that the cost of supplies used was $1,800 Withdrew cash for personal use. $2,600 9 Required: 1 Journalize entries for transactions Jan 1 through 9. Refer to the chart of accounts for the exact wording of the actor CNOW do not use lines for journal explanations. Every ine on a journal page is used for debitor credentries CNOW own way into a credit entry when a credit amount is entered 2 Post the journal entries to the accounts, selecting the appropriate date to the helt of each amount to deny the transactions Determine the account balances atter all posting is complete Accounts containing only a single entry do not need a balance Determine the corect ending balance. The ending baliace label is provided on the left side of the account even when the ending balance as a comt. The muset non the balance line should be left Bank 3. Prepare an aduse balance as of January 31, 2015 Journal entries and trial balance Instructions Chart of Accounts Joumal TAccounts Unadjusted That Balance Final Questions Instructions a credit entry when a credit amount is entered 2 Post the journal entries to the accounts selecting the appropriate cale to the left of each amount to dently the transactions Demetre account balances after all posting is complete Accounts containing only a single entry do not need a balance Determine the codende balance. The ending balance label is provided on the left side of the account even when the ending balanced Team the balance Ane should be left Blank 3. Prepare an adusted al balance as of January 31, 2015 4 Determine the following Amount of total revenue recorded in the edger b. Amount of total expenses recorded in the ledger e Amount of net income for January 5. Determine the increase or decrease in owners.quity for any Journal entries and trial balance Instructions Chart of Accounts Journal TAccounts Unadjusted Trial Balance Final Questions Instructions Journal 1. Journalize entries for transactions through Refer to the chat of account for the exact wording of the account NOW line on a journal page is used for debitor credit entries CNOW joumoto wa automatically decredenty when como JOURNAL ON DESCRIPTION DATE 1 Journal entries and trial balance Journal Chart of Accounts TAccounts Final Question Unadjusted Trial Balance Instructions Instructions Journal 3 5 5 10 11 Journal entries and trial balance instructions Chart of Accounts Journal TAccounts Unadjusted Thal Balance Final Question Instructions Journal 10 11 12 15 14 15 16
