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journalizing transaction posting journal entries to for column accounts and preparing a trial balance The trial balance of Shawn CAP is dated March 31 cansactions,
journalizing transaction posting journal entries to for column accounts and preparing a trial balance The trial balance of Shawn CAP is dated March 31
cansactions, posting journal entries to four-colum d preparing a trial balas accoun n Merry, CPA, is dated March 31, 21 The t SHAWN MERRY, CPA Trial Balance March 31, 2018 -' Do, Bala Cash Accounts Receivable Office Supplies Land Furniture Automobile Accounts Payable Unearned Revenue Merry, Capital Merry, Withdrawals Service Revenue Salaries Expense Rent Expense Total Debit Credit o 400 30,000 3teo 5 3,800-3 6. 2.300500 8,200-5o 5,600 800 64,300 64,300 During April, the business completed the following transactions 2 5oo Apr. 8 Collected $2,500 cash from a client on account. Performed tax services for a client on account, $5,400 . ,Veb 4 70-7 13 Paid $3,000 on account.rco Cash 300 4 Purchased furniture on account, $3,600. FwniePe 15 Merry contributed his personal automobile to the business in exchange -C- for capital. The automobile had a market value of s9,500. CoR . Purchased office supplies on account, $900 Received $2,700 for tax services performed on April 8. 0C.Rr 1 18 Cr 27 20 Merry withdrew cash of $6,500. ash creeljj rat dheis -21 or9 as n Peb3 Received $5,700 cash for consulting work completed, Received $2,400 cash for accounting services to be completed next 24 month. Paid office rent, $600. Debwk Paid employee salary, $1,700 27 28
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