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Mary Berg, a young lawyer, began her own practice and completed these transactions during September of the current year: 1. 9/2 Sold a personal investment

Mary Berg, a young lawyer, began her own practice and completed these transactions during

September of the current year:

1.

9/2 Sold a personal investment in Xerox stock for $2,845 and invested $2,500 of the proceeds in

the law practice.

2.

9/2 Rented the furnished office of a lawyer who was retiring, and paid three months' rent in

advance $1,050.

3.

9/2 Purchased the law library of the retiring lawyer for $1,750, paying $750 in cash and agreeing

to pay the balance in one year.

4.

9/5 Purchased office supplies for cash, $75.

5.

9/6 Purchased law books from West Publishing company on credit, $250.

6.

9/8 Completed legal work for Security Bank on credit, $700.

7.

9/15 Paid for the law books purchased on credit on September 6.

8.

9/19 Completed legal work for Coast Realty on credit, $600.

9.

9/25 Received $700 from Security Bank for the work completed on September

15.

10.

9/30 Paid office secretary's salary, $800.

11.

9/30 Paid the monthly telephone bill, $25.

12.

9/30 Recognized that one month's rent on the office had expired and become an expense.

13.

9/30 Took an inventory of unused office supplies and determined that $20 of supplies had been

used thus expensible.

what would T accounts, Trial Balance for September 30, Balance Sheet for the month ending September, Income Statement for the month of September look like?

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