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pr. 1.The following assets were received from Jeff Horton: cash, $20,000; accounts receivable, $14,700; supplies, $3,300; and office equipment, $12,000. There were no liabilities received.1.

pr. 1.The following assets were received from Jeff Horton:

cash, $20,000; accounts receivable, $14,700; supplies, $3,300; and office equipment, $12,000. There were no liabilities received.1.

Paid three months' rent on a lease rental contract, $6,000.2.

Paid the premiums on property and casualty insurance policies, $4,200.4.

Received cash from clients as an advance payment for services to be provided and recorded it as unearned fees, $9,400.5.

Purchased additional office equipment on account from Smith Office Supply Co., $8,000.6.

Received cash from clients on account, $11,700.10.

Paid cash for a newspaper advertisement, $350.12.

Paid Smith Office Supply Co. for part of the debt incurred on April 5, $6,400.12.

Provided services on account for the period April 1-12, $21,900.14.

Paid receptionist for two weeks' salary, $1,650.

Received cash from cash clients for fees earned during the period April 1-16, $6,600.18.

Paid cash for supplies, $725.20.

Provided services on account for the period April 13-20, $16,800.24.

Received cash from cash clients for fees earned for the period April 17-24, $4,450.26.

Received cash from clients on account, $26,500.27.

Paid receptionist for two weeks' salary, $1,650.29.

Paid telephone bill for April, $540.30.

Paid electricity bill for April, $760.30.

Received cash from cash clients for fees earned for the period April 25-30, $5,160.30.

Provided services on account for the remainder of April, $2,590.30.

Jeff withdrew $18,000 for personal use.

At the end of April, the following adjustment data were assembled. Analyze and use these data to complete parts (5) and (6).

a. Insurance expired during April is $350.

b. Supplies on hand on April 30 are $1,225.

c. Depreciation of office equipment for April is $400.

d. Accrued receptionist salary on April 30 is $275.

e. Rent expired during April is $2,000.

f. Unearned fees on April 30 are $2,350.

Rosebud Consulting

Statement of Owner's Equity

For the Month Ended April 30, 2019

Jeff Horton, capital, April 1, 2019

$Investment during month

$Net income

$Withdrawals

Increase in owner's equity

Jeff Horton, capital, April 30, 2019

$

A post-closing trial balance.

Rosebud Consulting

Post-Closing Trial Balance

April 30, 2019Debit BalancesCredit Balances

Cash

Accounts Receivable

Supplies

Prepaid Rent

Prepaid Insurance

Office Equipment

Accumulated Depreciation-Office Equipment

Accounts Payable

Salaries Payable

Unearned Fees

Jeff Horton, Capital

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