Question
November 1st - Coffee Co. Gains $10,000.00 in common Stock November 1st - Coffee Co. purchases office supplies for $1,000.00 on credit. November 3rd -
November 1st - Coffee Co. Gains $10,000.00 in common Stock November 1st - Coffee Co. purchases office supplies for $1,000.00 on credit. November 3rd - Coffee Co. company pays $3,00.00 cash for rent. November 7th - Coffee Co. caters coffee beans to American Express office and bills them $500.00 later. November 10th - Coffee Co. pays there one employee $100.00. November 11th - Coffee Co. pays $50.00 cash for utilities. November 13th - Coffee Co. purchases new espresso equipment for $5,000 on credit. November 17th - Coffee Co. pays $100 dividends to its shareholders. November 18th - Coffee Co. collects cash from American Express Catering on November 7th. November 20th - Coffee Co. pays $100.00 cash for advertising. November 22nd - Coffee Co. pays $75.00 cash for office repairs. Identify the transaction, Analyze the transaction using the accounting equation, record the journal entry, post the entry [T-accounts]. Then show us an unadjusted trial balance for Coffee co. Include adjusting entries such as the following: Deferral Expense, Deferral Revenue, Accrued Expense, Accrued Revenue show the adjusted the trial balance Develop the Financial Statements for XYZ company Prepare closing entries and postclosing trial balance
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