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Required information [The following information applies to the questions displayed below.] Pirates Incorporated had the following balances at the beginning of September. The following transactions
Required information [The following information applies to the questions displayed below.] Pirates Incorporated had the following balances at the beginning of September. The following transactions occur in September. September 1 Provide services to customers for cash, $4,700. September 2 Purchase land with a long-term note for $6,400 from Crimson Company. September 4 Receive an invoice for $500 from the local newspaper for an advertisement that appeared on September 2 . September 8 Provide services to customers on account for $6,000. September 10 Purchase supplies on account for $1,100. September 13 Pay $4,000 to Crimson Company for a long-term note. September 18 Receive $5,000 from customers on account. September 20 Pay $900 for september's rent. September 30 Pay september's utility bill of $2,000. September 30 Pay employees $4,000 for salaries for the month of september. September 30 Pay a cash dividend of $1,100 to shareholders. 2. \& 3. Post each transaction to the appropriate T-accounts and calculate the balance of each account at September 30 . (Hint. to include the balance at the beginning of September in each T-account.) \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Cash } \\ \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Accounts Receivable } \\ \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Supplies } \\ \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{4}{|c|}{ Accounts Payable } \\ \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline & & & \\ \cline { 1 - 3 } & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Common Stock } \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. Bal. & & & \\ \hline & & & \\ \hline \end{tabular} End. Bal. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{4}{|c|}{ Salaries Expense } \\ \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline & & & \\ \cline { 1 - 2 } & & & \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{4}{|c|}{ Advertising Expense } \\ \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Utilities Expense } \\ \hline Beg. Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline End. Bal. & & & \\ \hline \hline \end{tabular}
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