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Required information E 3 - 1 8 and E 3 - 1 9 ( Static ) Posting to T - Accounts and Creating an Unadjusted
Required information
E and EStatic Posting to TAccounts and Creating an Unadjusted Trial Balance LO LO
The following information applies to the questions displayed below.
In January, Tongo, Incorporated, a branding consultant, had the following transactions.
a Received $ cash for consulting services rendered in January.
b Issued common stock to investors for $ cash.
c Purchased $ of equipment, paying percent in cash and owing the rest on a note due in years.
d Received $ cash for consulting services to be performed in February.
e Bought and received $ of supplies on account.
f Received utility bill for January for $ due February
g Consulted for customers in January for fees totaling $ due in February.
h Received $ cash for consulting services rendered in December.
i Paid $ toward supplies purchased in e
EStatic Creating an Unadjusted Trial Balance LO
Required:
Prepare an unadjusted trial balance for Tongo, Incorporated for the month ended January
tableTONGO INCORPORATED,,Unadjusted Trial Balance,,At January Account Name,Debit,CreditCashAccounts Receivable,,SuppliesEquipmentAccounts Payable,,Deferred Revenue,,Notes Payable longtermCommon Stock,,Retained Earnings,,Service Revenue,,Utilities Expense,,Totals
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