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T-accounts, Trial Balance, Income Statement, Balance Sheet ( put tables) number 14 full answer please. Exercises Part B 14. On April 1, Ted's Golfing School

T-accounts, Trial Balance, Income Statement, Balance Sheet ( put tables) number 14 full answer please.

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Exercises Part B 14. On April 1, Ted's Golfing School had the following accounts, some with balances and some without: Cash $3000; Accounts Receivable/P. Moores $150; Accounts Receivable/L. Troop; Equipment $4700; Accounts Payable/Jack's Repair Shop $750; T. Craig, Capital $7100; Fees Income; Advertising Expense; Rent Expense; Equipment Repairs Expense; Utilities Expense. (a) Set up the general ledger for Ted's Golfing School on April 1 and record the transactions listed below. (b) On April 12, balance the accounts and prepare a trial balance, an income statement for the two weeks, and a balance sheet. Apr. 2 Received $300 cash from customers for golf lessons. 2 Issued a bill for $95 to L. Troop for lessons that will be paid for later. Paid $1400 cash to United Realty for the monthly rent. 4 Received $50 cash from P. Moores to be applied to amount outstanding. 25 Received a $175 bill from Jack's Repair Shop for repairing equipment. 8 Received $2000 cash from customers for lessons. Issued another $45 bill to L. Troop for lessons. Received $100 cash from P. Moores to pay balance owed. 10 Received a $500 bill for equipment bought from Jack's Repair Shop. 12 Paid $90 cash for electricity and water. 12 Paid $300 to Jack's Repair Shop to reduce the balance owing. 12 Paid $355 cash to the Gazette for advertising

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