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Question 1 : Use provided information to prepare [A] General Journal. [B] T-Account, [C] Prepare Adjusted Trial Balance --------------------------------------------------------------------------------------------------------------------- [A] Prepare General Journal Company provided

Question 1 : Use provided information to prepare [A] General Journal. [B] T-Account, [C] Prepare Adjusted Trial Balance

--------------------------------------------------------------------------------------------------------------------- [A] Prepare General Journal

  1. Company provided services $3,000 in cash
  2. Owner invested $1,000 in cash
  3. Company purchased office supplies $650 on account
  4. Company paid rent expense $5,000, Salary salaries expenses $1,500, Insurance Expenses $450
  5. Company sold inventory $600 on account

B] Prepare T-Account and Normal balance from the Table above

c)

UNADJUSTED TRIAL BALANCE

Debit

Credit

Cash

Account Receivable

Inventory

Office Supplies

Account Payable

Owner investment

Service

Rent expenses

Salary expenses

Insurance expenses

TOTAL

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