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Problem 2-4A (Algo) Recording transactions; posting to ledger; preparing a trial balance LO A1, P1 Eusiness transactions compieted by Hannah Venedict during the month of

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Problem 2-4A (Algo) Recording transactions; posting to ledger; preparing a trial balance LO A1, P1 Eusiness transactions compieted by Hannah Venedict during the month of September are as follows. a. Venedict invested $82,000 cash along with office equipment valued of $24.000 in a new business named HV Consulting in exchange for common stock. b. The company purchased land valued at $40,000 and a buiding valued at $155,000. The purchase is paid with $35,000 cash and a note payable for $160,000 c. The company purchased $2,500 of office supplies on credit. d. Venedict invested an automobile in the company in exchange for more common stock. The automobile has a value of $16,300. e. The company purchased $5,700 of additional office equipment on credit. f. The compony paid $1,900 cash satary to an assistant. 9. The company provided services to a client and collected $7,800cash. h. The company paid $640 cash for this month's utilies. 1. The company paid $2,500 cash to settle the account payable created in transaction c. j. The company purchased $20,200 of new office equipment by paying $20,200 cash. k. The company completed $6.750 of services on credit for a client, who must pay within 30 days. 1. The company paid $1,800 cash salary to an assistant. m. The company recelved $4,000 cash in partial payment on the recelvable created in transaction k. n. The company paid a $2,600 cash dividend. Required: 1. Prepare general journalentries to record thesetransactions using the following tites: Cash (101): Accounts Recelvabie (106), Oifice Supplies (108); Office Equipment (163); Automobiles (16A); Building (170), Land (172), Accounts Payable (201), Notes Payable (250). Common Stock (307); Dividends (319), Consuiting Revenue (403); Salaries Expense (601); and Utilities Expense (602). 2. Post the journal entries from part 1 to the ledger accounts. 3. Prepare a trial balance as of the end of September. Complete this question by entering vour answers in the tabs below. Journal entry worksheet 234567814 Venedict invested $82,000 cash along with office equipment valued at $24,000 in a new business named HV Consulting in exchange for common stock. Note: Enter debits before credits. = Prepare a trial balance as of the end of September

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