Problems

The following invoices are being entered into the accounting system. Using the chart of accounts in Figure $2-1,$

determine the changes to the balance sheet, income statement, job cost ledger, and equipment ledger as the result

of entering each of the following invoices:

a$.$ A $$5,000$ invoice for concrete charged to job cost code $302\mathrm{.}01\mathrm{.}32300$ M

b$.$ A $$12,350$ invoice from a subcontractor for plumbing charged to job cost code $309\mathrm{.}02\mathrm{.}22100$S$.$ Ten percent

retention is withheld from the invoice.

c$.$ A $$255$ phone bill charged to job cost code $315\mathrm{.}01\mathrm{.}01800$ O

d$.$ A $$1,352$ bill for main office rent

e$.$ A $$112$ invoice for office supplies for the main office

f$.$ A $$375$ invoice for repairs to Backhoe $2$

g$.$ A $$563$ invoice for nails. The nails will be placed in inventory until they are needed on the jobs, at which

time they will be billed to the jobs.

What are the changes to the balance sheet, income statement, job cost ledger, and equipment ledger as a result of

all of these invoices?