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Problem 2-4A (Algo) Recording transactions; posting to ledger; preparing a trial balance LO A1, P1 Business transactions completed by Hannah Venedict during the month of September are as follows. a. Venedict invested $82,000 cash along with office equipment valued at $21,000 in a new business named HV Consulting in exchange for common stock. b. The company purchased land valued at $35,000 and a building valued at $150,000. The purchase is paid with $30,000 cash and z note payable for $155,000. c. The company purchased $2,200 of office supplies on credit. d. Venedict invested an automobile in the company in exchange for more common stock. The automobile has a value of $16,200. e. The company purchased $5,800 of additional office equipment on credit. f. The company paid $1,800 cash salary to an assistant. 9. The company provided services to a client and collected $7.200 cash. h. The company pald $645 cash for this month's utilties. 1. The company paid \$2,200 cash to settle the account payable created in transaction c. 3. The company purchased $20,300 of new office equipment by paying $20,300 cash. k. The company completed $7,000 of services on credit for a client, who must pay within 30 days. 1. The company paid \$1,600 cash salary to an assistant. m. The company recelved $4,000 cash in partial payment on the receivable created in transaction k. n. The compony paid a $2,800 cash dividend. Required: 1. Prepare general journal entries to record these transactions using the following titles: Cash (101): Accounts Recelvable (106); Office Supplies (108); Offlice Equilment (163); Automobilles (164); Bullding (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Consulting Revenue (403); Solaries Expense (601); and Uellities Expense (602). 2. Post the journal entries from part ito the ledget accounts. 3. Prepare a trial balance as of the end of September. Complete this question by entering your answers in the tabs below. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accounts Recelvable (106); Office Supplies (108); Office Equipment (163); Automoblles (164); Builing (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Uvilities Expense (602). 3. Prepare a tral balance as of the end of september. Complete this question by entering your answers in the tabs below. Prepare general journal entries to record these transactions using the following titles: Cash (101); Aco Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Pa) Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utilit Journal entry worksheet 234567 Venedict invested $82,000 cash along with office equipment valued at $21,000 in a new business named HV Consulting in exchange for common stock. Note: Enter debits before credits. 3. Prepare a trial balance as of the end of September. Complete this question by entering your answers in the tabs below. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accou Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payab Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utilities Journal entry worksheet 67814> The company purchased land valued at $35,000 and a building valued at $150,000. The purchase is paid with $30,000 cash and a note payable for $155,000. Note: Enter debits before credits. Prepare general journal entries to record these transactions using the following titles: Cash (101); Acc Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Pa) Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utilitit Journal entry worksheet The company purchased $2,200 of office supplies on credit. Note: Enter debits before credits: Prepare a trial balance as of the end of September. Complete this question by entering your answers in the tabs below. Prepare general journal entries to record these transactions using the following titles: Cash (101); Acce Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Pay Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utilitic Journal entry worksheet 814 Venedict invested an automobile in the company in exchange for more common stock. The automobile has a value of $16,200. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare general journal entries to record these transactions using the following titles: Cash (101); Acc Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Pay Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utilitit Journal entry worksheet The company purchased $5,800 of additional office equipment on credit. Note: Enter debits before credits. Prepare general journal entries to record these transactions using the following titles: Cash (101); Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts: Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and 0 Journal entry worksheet The company paid $1,800 cash salary to an assistant. Note: Enter debits before credits. Prepare general journal entries to record these transactions using the following titles: Cash (101); A Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts P Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Util Journal entry worksheet 14 The company provided services to a client and collected $7,200 cash. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare general journal entries to record these transactions using the following titles: Cash (101) Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accoun Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Journal entry worksheet The company paid $645 cash for this month's utilities. Note: Enter debits before credits. Prepare general journal entries to record these transactions using the following titles: Cash (101); Ac Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Pi i Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utill Journal entry worksheet 1,4 The company paid $2,200 cash to settle the account payable created in transaction c. Note: Enter deblts before credits. Complete this question by entering your answers in the tabs below. Prepare general joumal entries to record these transactions using the following titles: Cash (101); Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Common Stock (307); Dividends (319); Consulting Revenue (403); Salarles Expense (601); and U Journal entry worksheet 1 purch paying $20,300 The company purch $20,300 of new office equipment by pay cash. Note: Enter debits before credits. Prepare general journal entries to record these transactions using the following titles: Cash (101); Accour Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Payab Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utilities Journal entry worksheet 14 The company completed $7,000 of services on credit for a client, who must pay within 30 days. Note: Enter debits before credits. Prepare general journal entries to record these transactions using the following titles: Cash (101); Acc Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts Pay Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Utiliti Journal entry worksheet The company paid $1,600 cash salary to an assistant. Note: Enter debits before credits. Prepare general journal entries to record these transactions using the following titles: Cash (101); Ac Supplies (108); Office Equipment (163); Automobiles (164); Building (170); Land (172); Accounts P. Common Stock (307); Dividends (319); Consulting Revenue (403); Salaries Expense (601); and Util Journal entry worksheet
