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Required Information [The following Information applies to the questions displayed below.] In January. Tongo, Incorporated, a branding consultant, had the following transactions. a. Received
Required Information [The following Information applies to the questions displayed below.] In January. Tongo, Incorporated, a branding consultant, had the following transactions. a. Received $16,600 cash for consulting services rendered in January. b. Issued common stock to Investors for $15,000 cash. c. Purchased $16,100 of equipment, paying 25 percent in cash and owing the rest on a note due in 2 years. d. Received $12,500 cash for consulting services to be performed in February. e. Bought and received $1,550 of supplies on account. f. Received utility bill for January for $1,960, due February 15. g. Consulted for customers in January for fees totaling $19,600, due In February. h. Received $14,300 cash for consulting services rendered in December. 1. Paid $775 toward supplies purchased in (e). Required: Prepare an unadjusted trial balance for Tongo, Incorporated for the month ended January 31. Account Name TONGO, INCORPORATED Unadjusted Trial Balance Debit Credit Totals
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