On The Job Smith Computer Center

Thad's computer center's business is picking up, so he has decided to expand his bookkeeping system to a general journal/ledger system. The balance from August have been forwarded to the ledger accounts.

Assignment

1. Use the chart of accounts in chapter 2 to record the following transactions in Figure 3.37 through 3.47

2. Post all journal entries to the general ledger accounts(the Prepaid Rent Account #1025 has been added to the chart of accounts).

3. Prepare a trial balance for September 30 201X.

4. Prepare the financial statements for the 3 months ended in September 30, 201X.