Question 1)

E2.17 on page 2-39 of the textbook, except that for Instruction b., post to ledger accounts.The form for a ledger account is available on Canvas in the Information Module.(For an example of how a GL account should be prepared, see the Cash account on page 2-31.)Use the Chart of Accounts on page 2-13 for account number guidance, and add Advertising Expense #600 and Repair Expense #700.Assume that all journal entries appear on Page 1 of the Journal.

E2.17 (LO 2, 3, 4) Beyers Security provides security services. Selected transactions for Beyers are presented below. Journalize transactions, post transactions to T-accounts, and prepare trial balance. Instructions Oct. Received $66,000 cash in the business in exchange for ordinary shares. Hired part-time security consultant. Salary will be $2,000 per month. First day of work will be October 15. Paid one month of rent for building for $2,000. Purchased equipment for $18,000, paying $4,000 cash and the balance on account. w-ANH Paid $500 for advertising. 10 Received bill for equipment repair cost of $390. 12 Provided security services for event for $3,200 on account. 16 Purchased supplies for $410 on account. 21 Paid balance due from October 7 purchase of equipment. 24 Received and paid utility bill for $148. 27 Received payment from customer for October 12 services performed. 31 Paid employee salaries and wages of $5,100. a. J ournalize the transactions. Do not provide explanations. b. Post the transactions to T-accounts. c. Prepare a trial balance at October 31, 2020. (Hint: Compute ending balances of T-accounts rst.) P2.4 (LO 4) The trial balance of De Bortoli Co. shown below does not balance. Prepare a correct trial balance. De Bortoli Co. Trial Balance June 30, 2020 Debit Credit Cash $ 3,340 Accounts Receivable $ 2,812 Supplies 1,200 Equipment 2,600 Accounts Payable 3,666 Unearned Service Revenue 1,100 Share CapitalOrdinary 8,000 Dividends 800 Service Revenue 2,480 Salaries and Wages Expense 3,200 Utilities Expense 810 $12,522 $17,486 Each of the listed accounts has a normal balance per the general ledger. An examination of the ledger and journal reveals the following errors. 1. Cash received from a customer in payment of its account was debited for $580, and Accounts Receivable was credited for the same amount. The actual collection was for $850. 2. The purchase of a computer on account for $710 was recorded as a debit t0 Supplies for $710 and a credit to Accounts Payable for $710. 3. Services were performed on account for a client for $980. Accounts Receivable was debited for $980, and Service Revenue was credited for $98. 4. A debit posting to Salaries and Wages Expense of $700 was omitted. 5. A payment of a balance due for $306 was credited to Cash for $306 and credited to Accounts Payable for $360. 6. A dividend of $600 cash was debited t0 Salaries and Wages Expense for $600 and credited to Cash for $600. Instructions Prepare a correct trial balance. (Hint: It helps to prepare the correct journal entry for the transaction described and compare it to the mistake made.) Trial balance totals $15,462