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please i need all the 4 tasks complete and clear thank you. Task: 1. Create journal entries for the following transactions: 2. Draw up a
please i need all the 4 tasks complete and clear
Task: 1. Create journal entries for the following transactions: 2. Draw up a T-account for each account affected by transactions; 3. Calculate normal balances for all T-accounts 4. Prepare an unadjusted trial balance. Transactions: February, 1: Student Co, received fees earned from customers, $ 2,000, February, 2: Purchased office equipment on credit, $50,000, February, 6: The owner invests $480,000 cash into business, February, 8: Purchased office supplies on account $1,500, February, 9: Purchased land for a future building site, $76,000; February, 13. Paid office rent for one month $15,500; February, 16 Received cash $4,100 from a customer for interest earned; February, 18. Received electricity bill, $2,700; February, 19. The owner withdraws $3,000 from the business; February, 20: Took a loan in the bank by signing note payable, $40,000; February, 21: Paid creditors on account, $5,500; February, 24: Paid advertising expense, $5,000, February, 25 Services provided on account, $23,000, February, 26 Paid creditors on account, $20,000; February, 27 Paid salaries, $23,900 February 28, Received $10,000 on account from customers English (United States) Accessibility: Investigate Normal No Spacing Heading 1 AY > A 29 - ALT Paragraph 21 Z Styles Ledger Add more T-accounts if needed. ssibility: Investigate DF eferences Mailings Review View Help Normal No Spacing Heading A 214 12 Paragraph 1 Styles Student Co. Unadjusted Trial Balance February 30, 2020 Debit Balances Credit Balances ibility: Investigate thank you.
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