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Journalize the five transaction s for Mirmax Rentals described below: August 1 Mirmax purchases two new saws on credit at $375 each. The saws are

Journalize the five transactions for Mirmax Rentals described below:

August 1 Mirmax purchases two new saws on credit at $375 each. The saws are added to Mirmaxs rental inventory. Payment is due in 30 days.

August 8 Mirmax accepts advance deposits for tool rental of $75 that will be applied to the cash rental when the tools are returned.

August 15 Mirmax receives a bill from Macon Utility Company for $150. Payment is due in 30 days.

August 20 Mirmax charges Customers $750 for tool rentals. Payment is due in 30 days.

August 31 Mirmax receives $500 in payments from the customers that were bill for rentals on August 20.

Given the following balances for Garrys Tree Service, prepare a Trial Balance

Cash

$30,000

Supplies

1,000

Accounts Payable

8,000

Garry Ryan, Capital

36,800

Wage Expenses

2,000

Machinery

24,000

Wages Payable

3,600

Service Revenue

22,500

Rent Expenses

10,000

Unearned Revenue

4,000

Accumulated Depreciation-Machinery

7,600

Prepaid Rent

12,200

Garry Ryan, Drawing

3,300

Financial Statements

Prepare an Income Statement, Statement of Owners Equity and Balance Sheet

Steve Austins Company

Adjusted Trial Balance

As at December 31, 2017

Cash

$4,000

Account Receivable

5,300

Prepaid Expenses

420

Equipment

12,400

Accumulated Depreciation

$2,200

Accounts Payable

800

Notes Payable

3,070

Steve Austin, Capital

13,000

Steve Austin, Drawing

800

Revenue

11,800

Wages Expenses

2,450

Rent Expenses

1,900

Utilities Expenses

1,475

Depreciation Expenses

1,150

Miscellaneous Expenses

975

Totals

30,870

30,870

Problem 3 Financial Statements Income Statement It should be in excel format could not upload the excel form that I had worked on boy should be in

Problem 3 Financial Statements

Income Statement Income Statement

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