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Post these transactions into the correct T - accounts: * 1 5 th Sales = 1 2 , 3 2 5 Cost of Goods Sold
Post these transactions into the correct Taccounts:th Sales Cost of Goods Sold st Sales Cost of Goods Sold John has one employee that works Monday through Friday. He pays him $ every Friday. The month started on a Monday and ended on a Wednesday. Ignore payroll tax and withholdings Depreciation expense for the building is $ per year Depreciation expense for equipment is $ per month A count revealed $ supplies remained on July $ of the unearned revenue was earned during the month The company also had the following transactions throughout the month:July Paid $ for July rentJuly Paid $ on accounts payable dueJuly Received $ from customers previously billedJuly Received $ worth of inventory on accountJuly Paid $ for repairs and maintenance on equipmentJuly Paid $ on accounts payable dueJuly Purchased new office equipment for $ cashJuly Received $ from customers previously billedThen use the beginning balances from the following balance sheet to create the trial balance:
tableLiabilites and Stockholders EquityCurrent Liabilites,,,Accounts Payable,Unearned Revenue,Total Current Liabilities,,Long Term Liabilites:,,,Bonds Payable,,Total Liabilities,,,Stockholder Equity,,,Common Stock,Add PIC Common Stock,Total PaidInCapital,,Retained Earnings,,Total Equity,,,Total Liabilities and Equity,,,
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