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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 Paint houses
Required information [The following information applies to the questions displayed below) Boilermaker House Painting Company incurs the following transactions for September 1. September Paint houses in the current month for $14,500 on account. 20 September 8Purchase painting equipment for $15,500 cash. September Purchase office supplies on account for $2,400 September 15 Pay employee salaries of $3,100 for the current month. September 19 Purchase advertising to appear in the current month for $1,100 cash. September 22 Pay office rent of $4,300 for the current month September 20 Receive $9,500 from customers in (1) above. 8. September 30 Receive cash of $4,900 in advance from a customer who plans to have his house pointed in the following month . HIHI 13 Required information Debit Credit Part 3 of 3 14,500 X 2,400 15,500 X 6.66 points Accounts Cash Accounts Receivable Supplies Equipment Accounts Payable Deferred Revenue Common Stock Retained Earnings Service Revenue Salaries Expense Advertising Expense Rent Expense Totals 2.400 X 4.900 14500 3.100 1.100 4300 $ 40.900 S 21,800 barnehage 2360 2. th che formed the ESC 2001 2000 Reedunt 500 con Stock 3.500.Fees Earn $27.690 the coming so ofte Cinch Ansourts . B 16 th upptes E BO Endel Addunts Payable Deed Rev. ta En Common och trad tamine Bogu BA Erd Bandos em Ballet Expen Advertising Repen Ed be Type here to search o 0 Dullermaker House Painting Company incurs the following transactions for September Une questions displayed below.) September 3 Paint houses in the current month for $14. on account 2. September Purchase painting quipment for $15, Sea cash 3. September 12 Purchase office supplies on account for $2.000 4. September 15 Pay employee salaries of $100 for the current month 5 September 19 Purchase advertising to appear in the current month for $1,100 cash 6 September 22 Pay office rent of $4,500 for the current month 7 September 26 Receive $9,500 from customers in (1) above. 8. September 30 Receive cash of $4900 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 $40,600. Accounts Receivable. $1150. Supplies, $390. Equipment. $6,300. Accounts Payable. $1.050: Common Stock. $19.500: Retained Earnings. $27,890. All other accounts had a beginning balance of zero. Cash Accounts Receivable Beg. bal Beg bal End bal End, bal Equipment Supplies Beg Bal Beg bal 126 Next >
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