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or the formations below. Indicate next to each ent huron Arons have been recorded, foot the accounts where the balances the proper places. Prepare a
or the formations below. Indicate next to each ent huron Arons have been recorded, foot the accounts where the balances the proper places. Prepare a trial balance, Income Statement, Owners out and ance Sheet for Douglas Distinctive Services at of December 3 Mr. Rolle invested $25.000 cash in the business Purchased ouipment worth $7,000 with a $500 down payment. The remain 2 3 Paid 5900 cash for a she-month insurance policy. Received $3,000 cash from customers for services rendered. Paid wages, 51,750 5. 6. Received and paid advertising bill of $100. 7. Performed services worth $2,500 for credit customers. Received $1,700 cash from customers previously billed on account. 8. 9. Mr. Douglas withdrew $5,300 cash for personal use. 10. Paid utility bill, $205. ACCOUNTS TO BE USED: Cash, Accounts Receivable, Prepaid Insurance, Equipment, Accounts Payable, Doug Douglas Drawing, Repair Fees, Wages Expense, Advertising Expense, Utilities Expen
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