T account

trail balance

financal

Problem 2-2B Preparing and posting Journal entries, preparing a trial balance c C4 A1 P2 At the beginning of April, Bernadette Grechus launched a custom computer solutions company called Softworks. The company had the following transactions during April a. Bernadette Grechus invested $65.000 cash, office equipment with a value of 55.750, and $30,000 of computer equipment in the company. b. The company purchased land worth $22,000 for an office by paying $5,000 cash and signing a long. term note payable for $17,000. da portable building with $34,500 cash and moved it onto the land acquired in b. d. The company paid $5,000 cash for the premium on a two-year insurance policy. e. The company provided services to a client and immediately collected $4,600 cash f. The company purchased $4.500 of additional computer equipment by paying $800 cash and signing a long-term note payable for $3,700. 54.250 of services for a client. This amount is to be received within 30 days. h. The company purchased $950 of additional office equipment on credit. 1. The company completed client services for S10.200 on credit. The company received a bill for rent of a computer testing device that was used on a recently com pleted job. The $580 rent cost must be paid within 30 days. k. The company collected 55,100 cash in partial payment from the client described in transaction 1. The company paid $1,800 cash for wages to an assistant. m. The company paid $950 cash to settle the payable created in transaction h. n. The company paid $608 cash for minor maintenance of the company's computer equipment o. B. Grechus withdrew 56,230 cash from the company for personal use. p. The company paid $1.800 cash for wages to an assistant. 4. The company paid $750 cash for advertisements on the web during April