Quo 1 Notcore Marked out of 206.00 Book Transaction Analysis and Trial Balance Mary Baker opened a tax practice on June 1. The following accounts will be needed to record her transactions for june Cash Accounts Receivable Office Supplies Tax Library Office Furniture and Futures Accounts Payable Notes Payable: Common Stock Dividends: Professional Fees Earned: Rent Expense, Salaries Expense Advertising Expense: Utilities Expense, and interest Expense. The following transactions occured during the month of June + Bakeropened a business ceding account at a local bank, investing $13.500 in her practice in exchange for common stock 2 Purchased office furniture and futures for 1.30pad 52.000 cash and save an able for the balance 3 Purchased books and software for a taxlibrary on account, $4500 4 Pused office oplies for a 150 5 Parent for 5750 6 Returned 300 of books with defective bindings. The retum reduced the amounted to the supplier 7 led dients for professional Services rendered $1.200 Pa 1.700 on account for the brary term purchased on June 2 Colected 55.000 on account from cients bied one? 10 Paides, 1400 11 Received for readers to be paid in 1300 12 Padstockholders cash as added 13 Padforure, 5160 14 Pads for june on not payable 10 Required .. Prepare journal entries and record the above transactions in Taccounts, and key entries with the number of the transactions b. Prepare a trial balance as of June 30 Journal Entries T.Account Trial balance Date Description Det Crede To como como Type here to search COMMONROE TENSIONS frestur sharepoint.com/sites/LUC HP 401 7958 University Store Return to course My Required a. Prepare journal entries and record the above transactions in T-accounts, and key entries with the number of the transactions b. Prepare a trial balance as of June 30. Journal Entries T-Accounts Trial Balance he MARY BAKER, TAX ACCOUNTING, INC. Trial Balance June 30 Debit Credit 5 5 Accounts Receivable Office Supplies Tax Library Office Furniture and Fixtures Accounts Payable Notes Payable Common Stock Dividends Professional Fees Earned Rent Expense Salaries Expense Advertising Expense Utilities Expense Interest Expense 5 5 y Check Save Answers E Type here to search frostburg sharepoint.com/sites/LUC HP CO COMMON PHONE EXTENSIONS Admissions 4201 Brady Health 4310 Financial Aid 4301