Part 1 o Score: 0 of 10 Grueser Computing, Inc performed a transactional analysis to determine the effects of the transactions on their accounting equation (Click the icon to view the completed accounting equation analysis.) The following amounts summarize the financial position of Grueser Computing, Inc., on September 30, 2021 BE (Click the icon to view the September 30, 2021 financial position.) During October 2021. Grueser Computing completed these transactions (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize the transactions of Grueser Computing, Inc. (Record debits first, then credits. Exclude explanations from any journal entries.) a. The company received cash of $3,700 and issued common stock - X Journal Entry Accounts Debit Credit Transactions (a) a. The company received cash of $3.700 and issued common stock b. Performed services for a customer and received cash of $6,700 c. Paid 54,700 on accounts payable. d. Purchased supplies on account, $800. e. Collected cash from a customer on account 51,300. f. Consulted on the design of a computer system and billed the customer for services rendered, 54,700 g. Recorded the following business expenses for the month: (1) paid office rent- $1,900 (2) paid advertising $500 h. Declared and paid a cash dividend of $3,400 September 30, 2021 financial position Liabilities Print Done Accounts Stockholders' Equity Common Retained Stock Eamings 6,300 3,350 + Assets Accounts + Receivable + Supplies + Equipment 12.200 Payable 8,300 Cash Bal 2,500 3,250 Print Done Clear All Check conyTTUTTIDCT TIT UN TIPO TICIOS O DTCTT CICIO TICCIATI VICT 10490 0159 Grueser Computing, Inc. performed a transactional analysis to determine the effects of the transactions on their accounting equation (Click the icon to view the completed accounting equation analysis.) The following amounts summarize the financial position of Grueser Computing, Inc., on September 30, 2021 E (Click the icon to view the September 30, 2021 financial position.) During October 2021, Grueser Computing completed these transactions: (Click the icon to view the transactions.) Read the requirements - Accounting Equation Analysis Requirement 1. Journalize the transactions of Grueser Computing, Inc. (Record debits first, then credits. Exclude explanations from any journal entries.) a. The company received cash of $3,700 and issued common stock Assets Liabilities Stockholders' Equity Journal Entry Accounts Common Debit Credit Accounts Accounts + Receivable + + Stock Cash Supplies - Equipment = 12.200 Retained Type of Equity + Eamings Transaction 3,350 Issued stock Payable 8,300 (a) 6,650 6,300 3.700 6,700 Service revenue (4.700) 800 Bal 2,500 (a) 3,700 (b) 6,700 (c) (4700) (d) (e) 1,300 (1) (9) (2.400) 800 - X Requirements (1,300) 4.700 4.700 Service revenue (1.900) Rent expense (500) Advertising exp (3.400) Dividends (3400) 400) 8.950 (h 4.400 12.200 1. Journalize the transactions of Grueser Computing, Inc. Explanations are not required 2. Prepare a T-account for each account Insert in each T-account its September 30 balance as given (example: Cash $2,500). Then, post the October transactions to the T-accounts 3. Compute the balance in each account 800 10,000 23 350 6,650 Bal 3,700 23,350 Total Print Done Done Print Chec Clear All 104'E AQI 58 list or enter any number in the input fields and then click Check