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On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: Sharon Matthews transferred cash from a personal bank

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On January 1, 2019, Sharon Matthews established Tri-City Realty, which completed the following transactions during the month: Sharon Matthews transferred cash from a personal bank account to an account to be used for the Jan. business, $40,000. Pald rent on office and equipment for the month, $6,000. 2 Purchased supplies on account, $3,200. 3 Paid creditor on account, $1,750. 4 Eamed fees, receiving cash, $18,250. 5 Paid automobile expenses (including reni charge) for month, $1,880, and miscellaneous expenses, 6 $420 Paid office salaries, $5,000. 7 the cost of supplies used was $1,400. 8 Determined that Withdrew cash for personal use, $2,000. Required: Refer to the Chart of Accounts for exact wording of account titles 1. Journalizeentries for transactions Jan. 1 through 9. 2. Post the joumal entries to the Taccounts, selecting the appropriate date to the left of each amount to identify the transactions. Determine the account balances after all posting is complete. Accounts containing only a single entry do not need a balance 3. Prepare an unadiusted trial balance as of January 31, 2019 4 Determine the following a. Amount of total revenue recorded in the ledger b. Amount of total expenses recorded in the ledger C. Amount of net income for January 5. Determine the increase or decrease in gwner's equity for January 1. Journalize entries for transactions Jan. 1 through 9. Refer to the Chart of Accounts for exact wording of account tifles PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DERIT CREDIT ASSETS LIABILITIES CQUITY 12 15 14 15 11 Chack Ma Mierk

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