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Prepare a trial balance. Problem 3-3 Cash The Darryl Lloyd Ministry Service had an existing trial balance as follows: Paid $600 on outstanding accounts payable.

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Prepare a trial balance. Problem 3-3 Cash The Darryl Lloyd Ministry Service had an existing trial balance as follows: Paid $600 on outstanding accounts payable. Owner, Darryl Lloyd, withdrew $300 for personal use. Repaired computer system, $350. Place the balances from the trial balance in the appropriate ledger accounts. Be sure to place the balances in the correct debit or credit accounts. In the explanation column write "balance." Prepare journal entries for the additional transaction. 26,000 40,000 250 100 320 14,900 13,000 32,000 780 65,000 Salaries Expense 25,000 Computer Repair Expense 1,900 Utilities Expense 750 110.000 Listed below are additional transactions. Purchased additional office supplies on account, $225.. 6 Collected $5,000 on outstanding accounts receivable. 7 Purchased a 2-year insurance policy, $500. 12 13 20 Accounts Receivable Prepaid Rent Prepaid Insurance Office Supplies Computer System Accounts Payable D. Lloyd, Capital D. Lloyd, Withdrawals Service Revenue 110.000 Oct 3 22 Provided service and collected $900. Reykired Post the transactions

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