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need this before 5pm today please On December 1, Curt Wilson began an auto repair shop, Wilson's Quality Automotive. The following transactions occurred during December
need this before 5pm today please
On December 1, Curt Wilson began an auto repair shop, Wilson's Quality Automotive. The following transactions occurred during December (Click the icon to view the transactions.) The business up Click the ic Adjustment data (Click the ice Read the require Requirement 1. Prepare the joumal entries, and post to the T-accounts. Begin by preparing the journal entries for the December transactions. (Record debits first, then credits. Select the explanation on the last Dec. 1: Wilson contributed $63,000 cash to the business in exchange for capital. Accounts and Explanation Debit Dec 1 Credit Date Help Me Solve This e Text Pages Get More Help ss Problem Question 1, PF4A-39B (6... Part 1 of 32 HW Score: 0%, 0 of 10 points Paints: 0 of 10 More Info Dec. 1 Wilson contributed $63,000 cash to the business in exchange for capital. Dec. 1 Purchased $14,400 of equipment paying cash. Dec. 1 Paid $3,600 for a twelve-month insurance policy starting on December 1. Dec. 9 Paid $15,000 cash to purchase land to be used in operations. Dec. 10 Purchased office supplies on account, $2,200 Dec. 19 Borrowed $24,000 from the bank for business use. Wilson signed a note payable to the bank in the name of the corporation. The note is due in five years. Dec. 22 Paid $2,000 for advertising expenses. Dec. 26 Paid $1,000 on account. Dec. 28 The business received a bill for utilities to be paid in January, $260. Dec. 31 Revenues earned during the month included $18,500 cash and $3,800 on account Dec. 31 Paid employees' salaries $3,900 and building rent $800. Record as a compound entry Dec. 31 The business received $1,380 for auto screening services to be performed next month. Dec. 31 Wilson withdrew cash of $5,000. Print Done DS Get More Help (Click the icon to view the adjustment data, More Info Cash; Accounts Receivable; Office Supplies; Prepaid Insurance; Land; Equipment; Accumulated Depreciation Equipment, Accounts Payable; Utilities Payable; Interest Payable; Unearned Revenue; Notes Payable; Wilson, Capital; Wilson, Withdrawals; Income Summary, Service Revenue; Salaries Expense; Rent Expense; Utilities Expense; Advertising Expense; Supplies Expense; Insurance Expense; Interest Expense; and Depreciation Expense Equipment. Print Done Click the icon to view the adjust More Info cord a al el capital a. Office Supplies used during the month $600. b. Depreciation for the month, $240. c. One month insurance has expired. d. Accrued Interest Expense, $120. Print Done 1 Click the icon to view the accounts.) APPEARL Requirements Ex x 1. Prepare the journal entries, and post to the T-accounts. 2. Prepare an unadjusted trial balance. 3. Prepare the adjusting entries, and post to the T-accounts. 4. Prepare an adjusted trial balance. 5. Complete the worksheet for the month ended December 31, 2024. 6. Prepare the income statement, the statement of owner's equity, and the classified balance sheet in report form. 7. Prepare the closing entries, and post to the T-accounts. 8. Prepare a post-closing trial balance. Print Done Step by Step Solution
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