requirements two and three. Prepare T accounts for each account. Insert in each T account it's September 30 balance as given. Then, post October transactions to the T accounts. Commute the balance in each account. Begin by entering the appropriate beginning balances and posting transactions a through H. Label each balance and transaction with the appropriate posting reference. Finally, label and calculate each ending balance.
The following amounts summarize the financial position of Haas Computing, Inc., on September 30, 2021: Click the icon to view the September 30, 2021 financial position) During October 2021, Haas Computing completed these transactions: Click the icon to view the transactions) Hass Computing, Inc. performed a transaction accounting equation Click the icon to view the completed acco Read the requirements Requirement 1. Journalize the transactions of Haas Computing, Inc. (Record debits first, then credits. Exclude explanations from any journal entries.) a. The company received cash of $3,900 and issued common stock Journal Entry Accounts Debit Credit (0) b. Performed services for a customer and received cash of $5,800 Journal Entry Accounts Debit Credit (6) c. Paid $4,300 on accounts payable Calculator (Click the icon to view the September 30, 2021 financial position.) During October 2021, Haas Computing completed these transactions: (Click the icon to view the transactions.) c. Paid $4,300 on accounts payable. Journal Entry Accounts Debit Credit d. Purchased supplies on account, $700. Journal Entry Accounts Debit Credit (d) d) e. Collected cash from a customer on account, $1,400 Journal Entry e. Collected cash from a customer on account, $1,400. Journal Entry Accounts Debit Credit f. Consulted on the design of a computer system and billed the customer for services rendered, $4,900. Journal Entry Accounts Debit Credit (0) 9. Recorded the following business expenses for the month: (1) paid office rent-- $1,800; (2) paid advertising --$650, Journal Entry Calculator During October 2021, Haas Computing completed these transactions: (Click the icon to view the transactions.) HA RE g. Recorded the following business expenses for the month: (1) paid office rent-$1,800; (2) paid advertising--$650. Journal Entry Accounts Debit Credit (9) h. Declared and paid a cash dividend of $2,600. Journal Entry Accounts Debit Credit (h) Requirements 2 and 3. Prepare T-Accounts for each account. Insert in each T-account its September 30 balance as given (example Begin by entering the appropriate beginning balances and posting transactions (a) through (h). Label each balance and transaction zero beginning balance, do not enter a "0" or select the "Bal" reference) ** Requirements 2 and 3. Prepare T-Accounts for each account. Insert in each T-account its September 30 balance as given (example: Cash $2,10 Begin by entering the appropriate beginning balances and posting transactions (a) through (h). Label each balance and transaction with the approp zero beginning balance, do not enter a *o* or select the "Bal" reference.) Review the journal entries from Requirement 1. Cash Common Stock Accounts Receivable Retained Earings Calculator ICR the icon to view the transactions.) Accounts Receivable Retained Earnings Supplies Dividends Equipment Service Revenue Calculator ing amounts summarize the financial position of Haas Computing, Inc., on September 30, 2021: (Click the icon to view the September 30, 2021 financial position.) During October 2021, Haas Computing completed these transactions: (Click the icon to view the transactions.) Equipment Service Revenue Accounts Payable Rent Expense Advertising Expense September 30, 2021 financial position - Assets Liabilities + Accounts Cash Accounts + Receivable + Supplies - Equipment 3,650 12,300 Stockholders' Equity Common Retained Stock + Earnings 6,500 3,150 + Bal 2,100 Payable 8,400 Print Done Transactions Servic C. e. a. The company received cash of $3,900 and issued common stock b. Performed services for a customer and received cash of $5,800 Paid $4,300 on accounts payable. d. Purchased supplies on account, $700. Collected cash from a customer on account, $1,400. f. Consulted on the design of a computer system and billed the customer for services rendered, $4,900. 9. Recorded the following business expenses for the month: (1) paid office rent- $1,800; (2) paid advertising-$650. h. Declared and paid a cash dividend of $2,600. Rent Advertis Print Done syua points) possible Accounting equation analysis X bir Assets Liabilities Stockholders' Equity Accounts Common Accounts Cash + Receivable Supplies + 2,100 7,150 Equipment Payable + Stock Bal Retained Type of Equity + Earnings Transaction 3,150 Issued stock 12,300 8,400 6,500 (a) 3,900 3.900 5,800 Service revenue (b) 5,800 (C) (4,300) (d) (6) 1,400 (4,300) 700 700 (1.400) 4,900 (9) (2,450) 4,900 Service revenue (1,800) Rent expense (650) Advertising exp (h)_(2.600) (2,600) Dividends Bal 3,850 7,150 700 12,300 4,800 10,400 8,800 Total 24,000 24,000 Print Done X Requirements 1. Journalize the transactions of Haas Computing, Inc. Explanations are not required. 2. Prepare a T-account for each account. Insert in each T-account its September 30 balance as given (example: Cash $2,100). Then, post the October transactions to the T-accounts 3. Compute the balance in each account. Rent Exp Print Done dvertising
