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P2-3A Mark Hockenberry owns and manages a computer repair service, which had the following trial balance on December 31, 2013 (the end of its fiscal
P2-3A Mark Hockenberry owns and manages a computer repair service, which had the following trial balance on December 31, 2013 (the end of its fiscal year). Byte Repair Service, Inc. Trial Balance ecember 31, 2013 $8,000 Accounts Receivable15,000 13,000 3,000 21,000 Supplies Prepaid Rent Equipment Accounts Payable Share Capital Ordinar, 30,000 Retained Eamings11,000 $19,000 $60,000 $60,000 Summarized transactions for January 2014 were as follows. 1. Advertising costs, paiddn 2. Additional supplies acquired on accoun4 3. Miscellaneous expenses,paid in 4. Cash collected from customers in payment of accoun 5. Cash paid to creditors for 6. Repair services performed during January: for 7. Wages for January, paid in cash, $3,000. ts receiva tece 5,000: on account $9.000 8. Dividends during January were $2,000 Instructions Taccounts for each of the accounts listed in the entries to record each of the January transactions. (Omit exded) entries to the accounts in the ledger (Add accounts as ing balances for 20 d enter the open- b) Prepare journal (c) Pst the journal (d) Prepa the re a trial balance as of January 31, 2014
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