Question
Prepare the Trial Balance and Income Statement, Statement of Owner's Equity and Trial Balance) George Smyth opened a computer repair business on Apr. 1, 20--.
Prepare the Trial Balance and Income Statement, Statement of Owner's Equity and Trial Balance)
George Smyth opened a computer repair business on Apr. 1, 20--. During the first month of operations, the firm had the following transactions. Record these transactions on page 1 of the general journal. Omit explanations. Post appropriate transactions to the general ledger. Apr. 1 George Smith invested $30,000 cash in the business. 2 Paid rent for April, $2,100. 8 Bought equipment for $12,000 and issued a check for $3,000 as a down payment. 12 Performed services for $3,200 in cash, and $1,200 on credit. 19 Paid electric bill, $225. 25 Received $900 on account from credit customer
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