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P2-5B. Journalizing, posting, and preparing a trial balance (Learning Objectives 3 & 4) 20-25 min. Than I e nnened an advertisina firm on March 1
P2-5B. Journalizing, posting, and preparing a trial balance (Learning Objectives 3 \& 4) 20-25 min. Than I e nnened an advertisina firm on March 1 2n>4 Durina the mnnth of March the husiness r.nmnleted Requirements 1. Open or set up the following T-accounts: Cash, Accounts Receivable, Supplies, Land, Furniture, Accounts Payable, Common Shares, Dividends, Service Revenue, Salaries Expense, and Rent Expense. 2. Journalize transactions. Explanations are not required. 3. Post the transactions to the T-accounts, using the transaction dates as posting references. 4. Calculate the balance for each account. 5. Prepare the trial balance for Le \& Associates Inc. at March 31, 2024
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