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Please solve this question this is only 1 question Instructions Chart of Accounts General Journal Instructions Following are the selected transactions for April: (a) Received
Please solve this question this is only 1 question
Instructions Chart of Accounts General Journal Instructions Following are the selected transactions for April: (a) Received $18,000 from sale of common stock. (b) Purchased equipment for $27,000, paying $10,000 in cash and giving a note payable for the remainder. (c) Paid $2,300 for rent for April. (d) Purchased $1,500 of supplies on account. (e) Recorded $9,800 of fees earned on account. (1) Received $7,500 in cash for fees earned. (g) Paid $1,200 to creditors on account. (h) Paid wages of $3,425. (1) Received $7,900 from customers on account. LALAMA structions Chart of Accounts tructions (c) Paid $2,300 for rent for April. (d) Purchased $1,500 of supplies on account. (e) Recorded $9,800 of fees earned on account. (f) Received $7,500 in cash for fees earned. (g) Paid $1,200 to creditors on account. (h) Paid wages of $3,425. (1) Received $7,900 from customers on account. () Recorded dividends of $1,875. Required: Record the above selected transactions for April. Refer to the Chart of Accounts for exact wording of account titles. Previous All mate General Journal hart of Accounts ASSETS CHART OF ACCOUNTS General Ledger 11 Cash 12 Accounts Receivable 13 Supplies 14 Prepaid Insurance 15 Land 16 Equipment 17 Building 18 Truck REVENUE 41 Fees Earned EXPENSES 51 Wages Expense 53 Rent Expense 54 Utilities Expense 55 Maintenance Expense 59 Miscellaneous Expense ons art of Accounts 13 Supplies 14 Prepaid Insurance 15 Land 16 Equipment 17 Building 18 Truck LIABILITIES 21 Accounts Payable 22 Unearned Revenue 23 Notes Payable EXPENSES 51 Wages Expense 53 Rent Expense 54 Utilities Expense 55 Maintenance Expense 59 Miscellaneous Expense tructions Chart of Accounts LIABILITIES 21 Accounts Payable 22 Unearned Revenue 23 Notes Payable EQUITY 31 Common Stock 32 Retained Earnings 33 Dividends Chart of Accounts eral Journal epare the journal entries on April 30. Refer to the Chart of Accounts for exact wording of account titles. JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSE Chart of Accounts General Journal 3 S 6 7 1 Instructions General Journal 10 Chart of Accounts 11 12 13 14 15 16 17 Previous Next > structions Chart of Accounts General Journal 15 16 17 18 19 20 21 Step by Step Solution
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