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Required information (The following information applies to the questions displayed below) Boilermaker House Painting Company incurs the following transactions for September. 1. September 3 Paint

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Required information (The following information applies to the questions displayed below) Boilermaker House Painting Company incurs the following transactions for September. 1. September 3 Paint houses in the current month for $17,000 on account. 2. September 8 Purchase painting equipment for $18,000 cash. 3. September 12 Purchase office supplies on account for $2,900. 4. September 15 Pay employee salaries of $3,600 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,000 cash. 6. September 22 Pay office rent of $4,800 for the current month. 7. September 26 Receive $12,000 from customers in (1) above. 8. September 30 Receive cash of $5,400 in advance from a customer who plans to have his house painted in the following month. 3. Prepare a trial balance. BOILERMAKER HOUSE PAINTING COMPANY Trial Balance Accounts Debit Credit Cash Accounts Receivable Supplies Equipment Accounts Payable Deferred Revenue Common Stock Retained Earnings ! Required information (The following information applies to the questions displayed below.) Boilermaker House Painting Company incurs the following transactions for September 1. September 3 Paint houses in the current month for $17,000 on account. 2. September 8 Purchase painting equipment for $18,000 cash. 3. September 12 Purchase office supplies on account for $2,900. 4. September 15 Pay employee salaries of $3,600 for the current month. 5. September 19 Purchase advertising to appear in the current month for $1,000 cash. 6. September 22 Pay office rent of $4,800 for the current month. 7. September 26 Receive $12,000 from customers in (1) above. 8. September 30 Receive cash of $5,400 in advance from a customer who plans to have his house painted in the following month. 2. Post each transaction to T-accounts and calculate the ending balance for each account. At the beginning of September, the company had the following account balances: Cash, $43,100; Accounts Receivable, $1,400; Supplies, $440; Equipment, $6,800; Accounts Payable, $1,200; Common Stock, $22,000; Retained Earnings, $28,540. All other accounts had a beginning balance of zero. Required information NO Date General Journal 1 September 03 Accounts Receivable Service Revenue Debit 17,000 Credit 17.000 2 September 08 Equipment Cash 18.000 18,000 3 September 12 Supplies Accounts Payable 2,900 2,900 4 September 15 Salaries Expense Cash 3,600 3,600 5 September 19 Advertising Expense Cash 1,000 1,000 6 September 22 Rent Expense Cash 4.800 4,800 7 September 26 Cash Accounts Receivable 12,000 12,000 8 September 30 Cash Deferred Revenue 5,400 5,400

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