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The following transactions have taken place in April 2016 for Gregory Hopkins as he established his new online sales business: 1. April 1, opened his

The following transactions have taken place in April 2016 for Gregory Hopkins as he established his new online sales business:

1. April 1, opened his business checking account with $25,000

2. Purchased supplies on April 2nd for $1,200 of which he only uses 1/4 for the month

3. Purchased an online software for $2,500 on credit on April 4th

4. SKIP

5. The online cash sales totaled $15,000 for the month of April 2016

6. He purchased a computer for $2,500 cash on April 10th

7. He hired an assistant and paid him a salary of $3,000 for the month of April 2016

8. He withdrew $2,000 for his personal use

9. He billed a client for $5,000 on April 15 2016

10. He paid 1/2 of what he owed on the software purchased on April 4th

PREPARE T-ACCOUNTS

TRIAL BALANCE

INCOME STATEMENT

OWNER'S EQUITY STATEMENT

THE BALANCE SHEET FOR THE COMPANY AS OF APRIL 30 2016

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