Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Requirements me trial balance of Harper Service Center as of March 31, 2018, follows: (Click the icon to view the March trial balance.) During April

image text in transcribed

Requirements me trial balance of Harper Service Center as of March 31, 2018, follows: (Click the icon to view the March trial balance.) During April (Click the Read the regu 1. Journalize each transaction including explanations. 2. The accounts listed in the trial balance, together with their balances as of March 31, 2018, have been opened for you in T-account form. Post the journal entries to the ledger (use T-account format). 3. Prepare the trial balance of Harper Service Center as of April 30, 2018 equirement 1. Journalize each transaction including explanations. (Record debits first, then credits. Select the explanation pr. 2: Borrowed $45,000 from the bank and signed a note payable in the name of the business Dobit Date Print Done i More Info Balance Credit $ Account Title Cash Accounts Receivable Office Supplies Debit 23.900 4,500 Apr. Land 2.000 2 Borrowed $45,000 from the bank and signed a note payable in the name of the business 4 Paid cash of $40,000 to acquire land. 9 Performed services for a customer and received cash of $5,000 13 Purchased office supplies on account, $300 15 Performed services for a customer on account, $2,600. 18 Paid $1,200 on account. 21 Paid the following cash expenses: salaries, $3,000; rent, $1,500, and interest $400. 25 Received $3,100 from a customer on account. 27 Received a $200 utility bill that will be paid next month. 29 Received $1,500 for services to be performed next month. 30 Harper withdrew cash of $1,800. Accounts Payable Utilities Payable Uneamed Revenue Notes Payable Harper, Capital Harper, Withdrawals Service Revenue 18,500 10.000 Salaries Expanse 800 Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Fundamentals

Authors: Marlene Davies, John Aston

1st Edition

0273711733, 978-0273711735

More Books

Students also viewed these Accounting questions