Journalize transactions for XYZ Enterprises for Oct. for the current year Oct. was the first month of business for this sole prop. company Post all of the journal entries to T accts. Determine T acct balances and then prepare an Oct. 31 Trial Balance Prepare the 3 fin. Statements, I/S, Statement of O.E., B/S

Event # Description of Transaction amount

1 Ben Hamilton, owner, invested money into this business 24,000.00

2 Business bought supplies on Account 1,300.00

3 Business bought Office Furniture. Paid Cash. 12,600.00

4 Business performed a service on account for a customer 1,520.00

5 Business performed a service for a customer. Customer immediately paid 880.00

6 Business paid employee for work performed this month 655.00

7 Owner was paid by his company 900.00

8 Customer of trans. 4 pays business half of what they owe. 760.00

9 Business paid October's rent 1,125.00

10 Ben Hamilton lends his brother money. Money was not the company's 420.00