Question
Rachel Newman started a business and completed the following transactions for December 2022: 1. Rachel Newman is a lawyer and opened her law firm investing
Rachel Newman started a business and completed the following transactions for December 2022: 1. Rachel Newman is a lawyer and opened her law firm investing 30,000 cash. 2. Bought a laser printer on account from Staples$ 200. 3. Charged a fee to a customer $ 8,000 cash. 4. Paid advertisement $ 1,000 cash. 5. Paid rent $ 2,000 cash. 6. Charged a fee to a client $ 5,000 to be collected next month 7. Bought a Copy Machine from Staples $ 4,000. She gave $1,000 cash as down payment and the remaining balance was on account. 8. Charged a fee to a customer $ 9,000 cash. 9. Withdrew $ 600 cash for personal use. 10. Collected $5,000 from customers on account. Required: Journal Ledger Trial Balance Income Statement Balance Sheet
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