Need an adjusted trial balance from the information on page 3
Spring 2019 Doggie Dining, Inc. cuisine via the internet to individual and commercial customers across the United States. Luke Ward ACCT 201 Case Page 3 In August, 2019, Doggie Dining. Inc. was established in Lafayette, Louisiana, to sell and Pachi Lee are the major stockholders in this corporation Part I: 1. The company completed the following transactions during August 2019 gourmet dog AugustStockholders (Luke and Pachi) invested $60,000 cash in the business. Purchased a computer system for use in the business for $12,000: paid $5,000 down and signed a 1 year 12% note for the balance. 5 Hired Ima Nurd to design, set up, and operate the company's website. Purchased $21,000 of gourmet dog cuisine from a local manufacturing company paid 1/3 in cash and the balance on account. Paid $6,000 for a one-year insurance policy effective August 1, 2019 2 Received $9,000 cash for services to be provided from August 1 through 2 Purchased supplies for $6,200 on account October 31, 2019, Paid $2,800 to advertise the opening of their business. Sold gourmet dog cuisine to customers on account for $26,000; the cuisine cost $11,000. Paid $4,700 to creditors on account. Collected $12,600 from customers billed on August 18, Sold gourmet dog cuisine to customers for $4,400 cash, the cuisine cost $1,300 23 25 29 Paid $800 for utilities used during August 30 Declared and paid a $900 dividend. UIRED: Journalize the August transactions in the general journal. JI General Journal Account Titles Ref Debit Credit te ACCT 201 Case Spring 2019 Page 8 3. Prepare an unadjusted trial balance at August 31, 2019 (total debits- $121,900) Adusted Trial Ralance Aaust 31 2019 Spring 2019 Doggie Dining, Inc. cuisine via the internet to individual and commercial customers across the United States. Luke Ward ACCT 201 Case Page 3 In August, 2019, Doggie Dining. Inc. was established in Lafayette, Louisiana, to sell and Pachi Lee are the major stockholders in this corporation Part I: 1. The company completed the following transactions during August 2019 gourmet dog AugustStockholders (Luke and Pachi) invested $60,000 cash in the business. Purchased a computer system for use in the business for $12,000: paid $5,000 down and signed a 1 year 12% note for the balance. 5 Hired Ima Nurd to design, set up, and operate the company's website. Purchased $21,000 of gourmet dog cuisine from a local manufacturing company paid 1/3 in cash and the balance on account. Paid $6,000 for a one-year insurance policy effective August 1, 2019 2 Received $9,000 cash for services to be provided from August 1 through 2 Purchased supplies for $6,200 on account October 31, 2019, Paid $2,800 to advertise the opening of their business. Sold gourmet dog cuisine to customers on account for $26,000; the cuisine cost $11,000. Paid $4,700 to creditors on account. Collected $12,600 from customers billed on August 18, Sold gourmet dog cuisine to customers for $4,400 cash, the cuisine cost $1,300 23 25 29 Paid $800 for utilities used during August 30 Declared and paid a $900 dividend. UIRED: Journalize the August transactions in the general journal. JI General Journal Account Titles Ref Debit Credit te ACCT 201 Case Spring 2019 Page 8 3. Prepare an unadjusted trial balance at August 31, 2019 (total debits- $121,900) Adusted Trial Ralance Aaust 31 2019
