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Problem 2-3A (Part Level Submission) Tom Zopf owns and manages a computer repair service, which had the following trial balance on December 31, 2018 (the
Problem 2-3A (Part Level Submission) Tom Zopf owns and manages a computer repair service, which had the following trial balance on December 31, 2018 (the end of its fiscal year) Marigold Corp. Trial balance December 31, 2018 Debit Credit Cash Accounts Recelvable Supplies Prepaid Rent Equipment Accounts Payable Common Stock Retained Earnings $ 8,000 16,000 13,000 4,000 19,800 $20,500 30,300 10,000 $60,800 $60,800 Summarized transactions for January 2019 were as follows. 1. Advertising costs, paid in cash, $1,140 2. Additional supplies acquired on account $3,320 3. Miscellaneous expenses, paid in cash, $1,630 4. Cash collected from customers in payment of accounts recelvable $12,990 5. Cash paid to creditors for accounts payable due $12,540 6. Repair services performed during January: for cash $6,660; on account $9,440 7. Wages for January, paid in cash, $2,350 8. Dividends during January were $2,540 Cash Bal. Accounts Receivable Bal. 16000 Supplles Bal. 13000 Prepaid Rent 4000 Equipment Bal. Bal. Accounts Payable Bal. 20500 Common Stock Bal. 30300 Retained Earnings Bal. 10,000 Prepare journal entries to record each of the January transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. Account Titles and Explanation Debit Credit 1. 2. 3. 4 5. 7. 5. Attempts: o of 3 used SAVE FOR LATER SUBMIT ANSWE The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part will be avallable when you complete the part above
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