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Post each transaction to the appropriate T-accounts and calculate the balance of each account at September 30. (Hint: Be sure to include the balance at
Post each transaction to the appropriate T-accounts and calculate the balance of each account at September 30. (Hint: Be sure to include the balance at the beginning of September in each T-account.)
Please help me with the T-Account table please
[The following information applies to the questions displayed below. Pirates Incorporated had the following balances at the beginning of September. PIRATES INCORPORATED Trial Balance Credits $ Accounts Cash Accounts Receivable Supplies Debits 6.300 2,300 7,400 11,000 Land $ Accounts Payable Notes Payable Common Stock Retained Earnings 7,300 2.800 8,800 8,100 The following transactions occur in September: September 1 Provide services to customers for cash, $4,500. September 2 Purchase land with a long-term note for $6,200 from Crimson Company. September 4 Receive an invoice for $480 from the local newspaper for an advertisement that appeared on September 2. September 8 Provide services to customers on account for $5,800. September 10 Purchase supplies on account for $1,200. September 13 Pay $3,800 to Crimson Company for a long-term note. September 18 Receive $4,800 from customers on account. September 20 Pay $880 for September's rent. September 30 Pay September's utility bill of $1,900. September 30 Pay employees $3,800 for salaries for the month of September. September 30 Pay a cash dividend of $1,200 to shareholders. No Date General Journal Debit Credit 1 September 01 Cash 4,500 Service revenue 4,500 2 September 02 6,200 Land Notes payable 6,200 3 September 04 480 Advertising expense Accounts payable 480 4 September 08 5,800 Accounts receivable Service revenue 5,800 5 September 10 1,200 Supplies Accounts payable 1,200 6 September 13 Notes payable 3,800 Cash 3,800 7 September 18 4,800 Cash Accounts receivable 4,800 8 September 20 880 Rent expense Cash 880 9 September 30 1,900 Utilities expense Cash 1,900 10 September 30 3,800 Salaries expense Cash 3,800 11 September 30 Dividends 1,200 Cash 1,200 Cash Accounts Receivable Beg. Bal. September Beg. Bal. September 8 4,500 3,800 5,800 4,800 September 18 September 18 4,800 880 1,900 00000 September 13 September 20 September 30 September 30 September 30 3,800 End. Bal. 1,000 >> 1,200 End. Bal. (22,800) X Supplies Land Beg. Bal. September 10 Beg. Bal. September 2 1,200 6,200 End. Bal. 1,200 X 0 End. Bal. 0 X 6,200 X Accounts Payable Notes Payable Beg. Bal. Beg. Bal. 480 September 13 3,800 6,200 September 2 September 4 September 10 1,200 End. Bal. (1,680) X End. Bal. (2,400)Step by Step Solution
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