Question
Sharon Kerr Owns South City Moving Service. She had the following transaction for February 2004 February 2 she started South City Moving Service by investing
Sharon Kerr Owns South City Moving Service. She had the following transaction for February 2004
February 2 she started South City Moving Service by investing $ 62,000
February 6 Received an advertising bill for $2,000
February 10 Purchased $ 6,000of store Supplies on the account.
February 13 Purchased $ 8,000of equipment on account
February 16 Owner invested an additional $ 4,000 cash
February 20 Paid wages of $3,000.
February 23 Billed a customer $ 7,000 for moving services
Required
1- Prepare general journal and general ledger account
2- Prepare from the ledger account trial balance
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General Journal 1 February 2 Debit Cash 62000 Credit Owners Equity Sharon Kerr Capital 62000 2 Febru...Get Instant Access to Expert-Tailored Solutions
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