journal entry , T accounts and trial balance
Business Transactio Date 11 U M Glencoe Peachtree Complete QuickBooks Accounting Software OR Templates Suess Transactions. lack Hin n er of Canyon.com Web Sites, Peach business operations on May 1 of this year. During the month of May, the business completed the transactions that follow. SMART G -- Step-by-Step In Transactions 1. Select the pro set for Canyo May 1 Jack Hines invested $50,000 in the business, Memorandum 1. Web Sites (M 2. Rename the The owner, Jack Hines, invested a desktop computer and printer and set the s (Office Equipment) $3,500, Memorandum 2. date. 3. Record all of Issued Check 101 for $125 for the purchase of office supplies. business trand Bought office furniture for $2,700 on account from Office Systems, using the Ger Journal Entry Invoice 457. 4. Print a Genera Bought a Web server from Computer Specialists Inc. on account for Journal report $35,000, Invoice WS4658421. 5. Proof your we 6. Print a Gener Received $1,000 from James Market for Web site services, Receipt 101. Ledger report Completed Web site design services for Andrew Hospital to be paid 7. Print a Trial Be 8. Complete the later, Invoice 101, $3,000. activity. Bought software for the Web server (Web Server) on account from 9. Complete the Test. Service Plus Software Inc., Invoice 876, $10,000. 10. End the sessi Wrote Check 102 for $118 to pay the electric bill. QuickB Jack Hines withdrew $2,500 for personal expenses, Check 103. 17 Completed Web site design on account for Sunshine Products, PROBLEM Invoice 102, $5,000. Step-by-Step Ir Bought a filing cabinet (Office Furniture) for $275, Check 104. 1. Restore the Received a check for $4,000 as payment for Web site maintenance for Mini Practice 2. Record all of one year to a client, Receipt 102. business trai Provided design services on account to Indiana Trucking, Invoice 103 using the M for $2,000. Journal Ent 3. Print a Joure Prepared Receipt 103, $2,500, received on account, Sunshine Products. 4. Proof your Paid $4,900 for telecommunication services for the period 5. Print a Gen report. May 1-May 31, Check 105. 6. Print a Trial Wrote check 106 for $3,333 to Service Plus Software Inc. as payment 7. Complete on account. activity. 8. Complete Sent Check 107 for $2,000 to Office Systems as payment on account. 9. Back up y Received 51,000 for two months of Web services, Receipt 104. Paid the dues for membership in the All Inclusive Group for $7,000, Check 108 Wrote Check 109 for the monthly rent $750. Withdrew $2,500 for personal expenses, Check 110. Sent Check 111 for $25,000 to Computer Specialists Inc., as payment on account. Analyze Compute the total of all the checks written during May
