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OCP2-42 (similar to) * Avery and Zed decide that they will create a new corporation, Golden Lake Company or GLC for short Golden Lake
OCP2-42 (similar to) * Avery and Zed decide that they will create a new corporation, Golden Lake Company or GLC for short Golden Lake Company is a service based company that rents canoes for use on local lakes and rivers. The business began operations on November 1, 2018 and completed the following transactions in that first month (Click the icon to view the November transactions.) (Click the icon to view the transaction analysis chart from November) In addition, Golden Lake Company completed the following transactions for December (Click the icon to view the December transactions.) Read the requirements Kequirement 2. 1-accounts nave been opened for you Post ne journal entries to the accounts, and calculate account palances. Use the transaction dates as posang references We will post to the accounts a few transactions at a time. Begin by posting the events from November 1, 2, and 3 (We will post to the accounts a tow transactions at a time Post only the transactions from November 1, 2, 3 in this step) (Click to view the November 1, 2, and 3 journal entries that you prepared in Requirement 1) Cash 17,000 Accounts Payable Canoe Rental Revenue Nov 1 Nov 2 Nov. 3 counts Receivable Utilities Payable Rent Expense Office Supplies Telephone Payable Wages Expense Prepaid Rent Unearned Revenue Utilities Expense Canoes Notes Payable Telephone Expense Land Common Stock Building Dividends har in the innut fields and then click Check Answer
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